More info Aug 2 Porier Services received $62,000 cash and issued common stock to the stockholders. Aug 3 Aug 4 Purchased supplies, $700, and equipment, $11,900, on account. Performed services for a customer and received cash, $5,600. Aug 7 Paid cash to acquire land, $40,000. Performed services for a customer and billed the customer, $3,900. Porier expects to collect within one month. Aug 11 Aug 16 Paid for the equipment purchased August 3 on account. Aug 17 Paid for newspaper advertising, $630. Aug 18 Received partial payment from customer on account, $1,800. Aug 22 Received and paid the water and electricity bills, $460. Aug 29 Received $2,400 cash for servicing the heating unit of a customer. Aug 31 Paid employee salaries, $1,900. Aug 31 Declared and paid dividends of $1,700. Print Done - - X