October 2 Receive membership dues for the month of October totaling $7500 October 5 Issue common stock in exchange for cash 510,000 October 9 Purchase additional boxing equipment for $6,600, paying one-hall of the amount in cash and the other one-half due by the end of the year. October 12 Pay $1.000 for advertising regarding a special membership rate available during the month of October October 19 Pay dividends to stockholders, 53,400. October 22 Payability insurance to cover accidents to members for the next six months. Starting November 156.000. October 25 Receive cash in advance for November memberships, $4,600 October 30 Receive, but do not pay, utrities bill for the month $4,200, October 31 Pay employees salaries for the month, 56,300. Rio value 2.00 points Required: 1. Record each transaction. If no entry is required for a transaction event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 2 4 9 5 6 7 B Receive me 5 $7.500 No journal entry required Accounts payable Accounts receivable Advertising expense Note: Enter det Debit Credit Date October 02