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Sandhill Corporation provides security services. Selected transactions for Sandhill are presented below. Oct. 1 Issued common stock in exchange for $76,600 cash from investors. 2

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Sandhill Corporation provides security services. Selected transactions for Sandhill are presented below. Oct. 1 Issued common stock in exchange for $76,600 cash from investors. 2 Hired part-time security consultant. Salary will be $2,300 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $2,300. 7 Purchased equipment for $20,900, paying $4,600 cash and the balance on account. 8 Paid $2,400 for advertising, 10 Received bill for equipment repair cost of $490. 12 Provided security services for event for $3,700 on account. 16 Purchased supplies for $480 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $172. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $5,900. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter of for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Oct. 10 Maintenance and Repairs Expense Accounts Payable Oct. 12 ? Accounts Recelvable \begin{tabular}{|l|} \hline 3700 \\ \hline \end{tabular} Service Revenus Oct. 16 * Supplies Accounts Payable: Oct. 21 : Accounts Payable 480 3700 Cash Oct.24: Utilities Expense: 172 172 Qct. 27= Cash 3700 Accounts Receivable- Oct. 31 * Satariestand Wages Expense: Accounts Rrcelvable Oct.31 : Salaries and Wages Expense \begin{tabular}{|l|} \hline 5900 \\ \hline \end{tabular} 3700 Post the transactions to T-accounts and determine month-end balances. (Post entries in the order of journal entries presented in the previous part. For accounts with zero balance select "Bal." from the list and enter " O " on the normal balance side of the account or leave it blank.) Supplies Equipment Accounts Payable Common Stock Service Revenue Advertising Expense Salaries and Wages Expense Maintenance \& Repairs Expense Rent Expense Utilities Expense

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