Received $$100,000$ in exchange for common stock

Purchased land for $$25,000$ of cash

During the month on several dates the company earned service revenue totaling $60,000$ $$40,000$ was collected in cash and the remaining $$20,000$ was in exchange for a Note receivable

The company purchased $$1,000$ in inventory for cash

During the month the company sold $$300$ of the inventory for $$800$ in cash. A perpetual system is $4$

The company incurred $$250$ in advertising expense on account that it will pay next month.

The company received $$12,000$ in cash for services to be performed in the future

The company paid their employees $$15,000$ in cash

The company accrued interest revenue of $$200$ for the Note receivable.

The company paid $$450$ in cash for legal fees

The company paid $$100$ for insurance expense for the month

The company declared a dividend of $$150$ to be paid next month