November 15, 2017	Investor #2 sells 500 shares of Peavys Cleaning Service stock to his younger sister for $500.
November 15, 2017	Mark hires Ingram Home Improvement Store to quickly outfit the trailer with office furniture and chairs and laptop at a cost of $1800 on account. Peavys payment terms are n/eom. The laptop is less than $600 so Mark decides to expense the laptop in accordance with current Section 179 IRS rules instead of capitalizing the asset.
November 15, 2017	Mark purchases shirts for himself and company employees from Graphic Designs for $75.

What are the journal entries?

• Assets Cash, Accounts Receivable Regular Customers, Accounts Receivable Warhawk Gym, Prepaid Insurance, Supplies, Cleaning Equipment, Truck and Land.
• Liabilities Accounts Payable Home Improvement, Accounts Payable Big Sparkle, Notes Payable Land, Notes Payable Truck, Unearned Service Revenue
• Stockholders Equity Common Stock, Retained Earnings, Dividends Mark Peavy
• Revenue Service Revenue, Sales Discounts
• Expenses Auto Expense, Insurance Expense, Office Expense, Organization Expense, Rent Expense, Salary and Wage Expense