Required information Matt's Computer Service entered into the following transactions during Year 1 : 1) Issued stock to investors for $63,000 cash 2) Purchased land for $45,000 cash 3) Performed services on account for $69,000 4) Collected $40,800 from customers on account 5) Paid $28,500 cash for operating expenses Required: a) Post the above transactions to the appropriate T-accounts