Pat's Planning provides food service and bartending for private and corporate parties. Pat's does not prepare the food, but does provide supplies such as dishes, linens, and ice for the event. The following transactions occurred in December 2021, the first month of the business operations:

Dec 1 Pat invested $20,000 in the business.

Dec 3 Business purchased a used delivery van for $5,500 on account.

Dec 5 Purchased supplies for cash $1,500.

Dec 7 Signed contract to provide services at a party to be held in January. Received a deposit of $850 from the customer.

Dec 8 Provide services for a corporate party. Received full payment in the amount of $2,300.

Dec 10 Paid the staff who worked at the December 8 party $900 in wages.

Dec 14 Provides services for a private party. Issued an invoice for $2,500 to the customer who will pay in January.

Dec 18 Paid $325 for an advertisement in the local newspaper. The ad began running every day for a week starting December 10.

Dec 23 Pat paid $600 dividends.

Dec 31 Paid for a one-year insurance policy on the delivery van for $2,800, effective Jan 1 to Dec 31, 2022.

Instructions

a) Prepare the journal entries for the above transactions. Explanations are not necessary.