Post entries to appropriate ledger accounts.

General Journal Entries
Date	Accounts	Debit	Credit
1-Jul	Cash	15000
	Common Stock		15,000.00
	To record sale of common stock
3-Jul	Cash	10,000.00
	Notes Payable		10,000.00
	To record two-year 6% noted payable issued
10-Jul	Business License	375.00
	Cash		375.00
	To record purchase of business license
11-Jul	Miscellaneous Expense	250.00
	Cash		250.00
	To record purchase of cash register
13-Jul	Baking Equipment	5,000.00
	Common Stock		5,000.00
	To record transfer of baking equipment to business
13-Jul	Advertising Expense	200.00
	Cash		200.00
	To record advertising expense incurred
14-Jul	Supplies	1,000.00
	Cash		1,000.00
	To record supplies purchased
14-Jul	Miscellaneous Supplies	300.00
	Cash		300.00
	To record purchase of miscellaneous supplies
15-Jul	Prepaid Rent	3,000.00
	Cash		3,000.00
	To record prepaid rent
31-Jul	Prepaid Insurance	1,200.00
	Cash		1,200.00
	To record prepaid insurance
31-Jul	Cash	5,000.00
	Sales Revenue		5,000.00
	To record bakery sales
31-Jul	Telephone Expense	45.00
	Outstanding Expenses - Telephone		45.00
	To record outstanding expenses
5-Aug	Salary Expense	120
	Cash		120.00
	To record salary paid
8-Aug	Baking Supplies	8,500.00
	Accounts Payable		8,500.00
	To record purchase of baking supplies
10-Aug	Telephone Expense	45.00
	Cash		45.00
	To record payment of phone bill
15-Aug	Prepaid Rent	1,500.00
	Cash		1,500.00
	To record prepaid rent
20-Aug	Salary Expense	480.00
	Cash		480.00
	To record salary paid
25-Aug	Miscellaneous Supplies	300.00
	Cash		300.00
	To record purchase of miscellaneous supplies
30-Aug	Telephone Expense	45.00
	Outstanding Expenses - Telephone		45.00
	To reconrd outstanding expenses
30-Aug	Accounts Payable	8,500.00
	Cash		8,500.00
	To record payment of baking supplies
31-Aug	Cash	20,000.00
	Sales Revenue		20,000.00
	To record bakery sales
5-Sep	Salary Expense	420.00
	Cash		420.00
	to record salary paid
10-Sep	Accounts Payable	9,000.00
	Baking Supplies		9,000.00
	to record purchase of baking supplies
10-Sep	Telephone Expense	45.00
	Cash		45.00
	to record payment of phone bill
15-Sep	Prepaid Rent	1,500.00
	Cash		1,500.00
	to record prepaid rent
19-Sep	Miscellaneous Supplies	325.00
	Cash		325.00
	to record purchase of miscellaneous supplies
20-Sep	Salary Expense	456.00
	Cash		456.00
	to record salary paid
30-Sep	Cash	22,500.00
	Sales Revenue		22,500.00
	to record bakery sales
30-Sep	Telephone Expense	45.00
	Outstanding Expenses - telephone		45.00
	to record outstanding expenses
30-Sep	Retained Earnings	2,000.00
	Dividends Payable		2,000.00
	to record dividend liability
30-Sep	Dividend Payable	2,000.00
	Cash		2,000.00
	to record payment of dividend
1-Oct	Accounts Payable	9,000.00
	Cash		9,000.00
	to record payment of bakery supplies
5-Oct	Salary Expense	480.00
	Cash		480.00
	to record salary paid
10-Oct	Telephone Expense	45.00
	Cash		45.00
	to record payment of phone bill
12-Oct	Accounts Payable	10,000.00
	Baking Supplies		10,000.00
	to record purchase of baking supplies
14-Oct	Miscellaneous Supplies	310.00
	Cash		310.00
	to record purchase of miscellaneous supplies
15-Oct	Prepaid Rent	1,500.00
	Cash		1,500.00
	to record prepaid rent
20-Oct	Salary Expense	444.00
	Cash		444.00
	to record salary paid
30-Oct	Telephone Expense	45.00
	Outstanding Expenses - telephone		45.00
	to record outstanding expenses
30-Oct	Retained Earnings	2,500.00
	Dividends Payable		2,500.00
	to record dividend liability
30-Oct	Dividend Payable	2,500.00
	Cash		2,500.00
	to record payment of dividend
31-Oct	Cash	27,000.00
	Sales Revenue		27,000.00
	to record bakery sales
1-Nov	Accounts Payable	10,000.00
	Cash		10,000.00
	to record payment of bakery supplies
5-Nov	Salary Expense	480.00
	Cash		480.00
	to record salary paid
10-Nov	Telephone Expense	45.00
	Cash		45.00
	to record payment of phone bill
10-Nov	Accounts Payable	10,000.00
	Baking Supplies		10,000.00
	to record purchase of baking supplies
11-Nov	Miscellaneous Supplies	300.00
	Cash		300.00
	to record purchase of miscellaneous supplies
15-Nov	Prepaid Rent	1,500.00
	Cash		1,500.00
	to record prepaid rent
20-Nov	Salary Expense	420.00
	Cash		420.00
	to record salary paid
30-Nov	Telephone Expense	45.00
	Outstanding Expenses - telephone		45.00
	to record outstanding expenses
30-Nov	Retained Earnings	2,500.00
	Dividends Payable		2,500.00
	to record dividend liability
30-Nov	Dividend Payable	2,500.00
	Cash		2,500.00
	to record payment of dividend
30-Nov	Cash	25,000.00
	Sales Revenue		25,000.00
	to record bakery sales
1-Dec	Accounts Payable	10,000.00
	Cash		10,000.00
	to record payment of bakery supplies
4-Dec	Accounts Payable	12,000.00
	Baking Supplies		12,000.00
	to record purchase of baking supplies
5-Dec	Salary Expense	360.00
	Cash		360.00
	to record salary paid
8-Dec	Miscellaneous Supplies	300.00
	Cash		300.00
	to record purchase of miscellaneous supplies
10-Dec	Telephone Expense	45.00
	Cash		45.00
	to record payment of phone bill
15-Dec	Prepaid Rent	1,500.00
	Cash		1,500.00
	to record prepaid rent
20-Dec	Salary Expense	540.00
	Cash		540.00
	to record salary paid
30-Dec	Telephone Expense	45.00
	Outstanding Expenses - telephone		45.00
	to record outstanding expenses
31-Dec	Retained Earnings	2,500.00
	Dividends Payable		2,500.00
	to record dividend liability
31-Dec	Dividend Payable	2,500.00
	Cash		2,500.00
	to record payment of dividend
31-Dec	Cash	30,000.00
	Sales Revenue		30,000.00
	to record bakery sales