Selected transactions for Blossom Corporation during September 2018, its first month in business, are presented below: Sept. 1 Issued common shares in exchange for $19,000 cash. 2 Paid $1,500 cash for rent for the month of September. 5 Purchased equipment for $10,000, paying $1,900 in cash and the balance on account. 8 Earned $7,200 in revenue, receiving $1,000 cash and $6,200 on account of services provided. 12 Incurred $600 in advertising expense on account. 20 Paid $2,900 for repairs and maintenance expenses. 25 Paid $4,500 cash on balance owed for equipment. 27 Incurred and paid income taxes for the month amounting to $800. 30 Declared and paid a $500 cash dividend. Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Sept. 1 Cash 19000 19000 Common Shares 1500 Sept.2 : Rent Expense No Entry 1900 Sept. 5 7 Cash Accumulated Depreciation Equipment 8100 Accounts Payable 1000 Sept. 8 Cash 6200 Accounts Receivable Service Revenue 600 Sept. 120 Accounts Payable 600 Advertising Expense 2900 Sept. 200 Cash 2900 Repairs and Maintenance Expense 4500 Sept. 25 Cash 4500 Accounts Payable "courses/45892/assignments/5078394 Date Account Titles and Explanation Debit Credit 19000 Sept. 1 Cash 19000 Common Shares 1500 Sept. 2 Rent Expense No Entry 1900 Sept. 5 4 Cash Accumulated Depreciation - Equipment 8100 Accounts Payable 1000 Sept. 8 Cash 6200 Accounts Receivable Service Revenue 600 Sept. 12 Accounts Payable 600 Advertising Expense Sept. 20 Cash 2900 2900 Repairs and Maintenance Expense Sept. 25 Cash 4500 Accounts Payable 4500 Sept. 27 Cash 800 Income Tax Expense 800 Sept. 30 Cash 500 Died Dadland No Entry Sept. 5 : Cash 1900 Accumulated Depreciation - Equipment Accounts Payable 8100 Sept. 8 Cash 1000 Accounts Receivable 6200 Service Revenue Sept. 12 Accounts Payable 600 Advertising Expense 600 Sept. 20 Cash 2900 Repairs and Maintenance Expense 2900 Sept. 25 Cash 4500 Accounts Payable 4500 Sept. 27: Cash 800 Income Tax Expense 800 Sept. 30 Cash 500 Dividends Declared 500 e Textbook and Media Assistar