Sara started a delivery service on June 1, 2021. The following transactions occurred during the month of June.

June 1 Shareholders invested $10,000 cash in the business in exchange for ordinary shares. 2 Purchased a used van for deliveries for $14,000, paid $2,000 cash and 12000$ on account. 3 Paid $500 for office rent for the month. 5 Performed $4,800 of services on account. 9 Declared and paid $300 in cash dividends. 12 Purchased supplies for $150 on account. 15 Received a cash payment of $1,250 for services provided on June 5. 20 Received a cash payment of $1,500 for services provided. 26 Paid $250 for utilities. 30 Paid $1,000 for employee salaries.