On August 31, the balance sheet ofWhispering WindsVeterinary Clinic showed Cash $10,000, Accounts Receivable $2,700, Supplies $600, Equipment $6,000, Accounts Payable $4,600, Common Stock $13,950, and Retained Earnings $750. During September, the following transactions occurred.

1.Paid $3,300cash for accounts payable due.2.Collected $2,000of accounts receivable.3.Purchased additional equipment for $1,150, paying $750in cash and the balance on account.4.Performed services worth $8,100, of which $2,250is collected in cash and the balance is due in October.5.Declared and paid a $450cash dividend.

6.Paid salaries $2,050, rent for September $1,050, and advertising expense $100.7.Incurred utilities expense for month on account $250.8.Received $14,000from Capital Bank on a 6-month note payable.