Roben Cruse opened the Campus Laundromat on September 1, 2020. During the first month of operations, the following transactions occurred.

Sept. 1 Roben invested $20,000 cash in the business. 2 The company paid $1,000 cash for store rent for September. 3 Purchased washers and dryers for $25,000, paying $10,000 in cash and signing a $15,000, 6-month, 12% note payable. 4 Paid $1,200 for a one-year accident insurance policy. 10 Received a bill from the Daily News for online advertising of the opening of the laundromat $200. 20 Roben withdrew $700 cash for personal use. 30 The company determined that cash receipts for laundry services for the month were $6,200.

Instructions a. Journalize the September transactions. b. Open ledger accounts and post the September transactions. c. Prepare a trial balance