Selected transactions for Blue Spruce Company during its first month in business are as follows. Sept. 1 Invested $10,000 cash in the business. 5 Purchased equipment for $13,000 paying $4,500 in cash and the balance on account. 25 Paid $2,200 cash on balance owed for equipment. 30 Withdrew $800 cash for personal use. Spruce's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No. 301 Owner's Capital, and No. 306 Owner's Drawines