Nancy Tercek started a delivery service, Tercek Deliveries, on June 1, 2015. The following transactions occurred during the month of June.

June 1, Stockholders invested $10,000 cash in the business in exchange for common stock.

June 2, Purchased a used van for deliveries for $14,000. Nancy paid $2,000 cash and signed a note payable for the remaining balance.

June 3,Paid $500 for office rent for the month.

June 5, Performed $4,800 of services on account.

June 9,Declared and paid $300 in cash dividends.

June 12,Purchased supplies for $150 on account.

June15,Received a cash payment of $1,250 for services performed on June 5.

June17, Purchased gasoline for $100 on account.

June 20,Received a cash payment of $1,500 for services performed.

June 23,Made a cash payment of $500 on the note payable.

June26,Paid $250 for utilities.

June29,Paid for the gasoline purchased on account on June 17.

June30,Paid $1,000 for employee salaries.