The following are transactions of Albert Sing, an interior design consultant, for the month of September $2023.$

Sept. $1$ Albert Sing began business as an interior design consultant, investing $$31,400$ for $5,000$ common shares of the

company, Sheffield Design Limited.

$2$ Purchased equipment from Green Jacket Co$.$ for $$16,800.$

$4$ Paid rent for office space for the next three months at $$690$ per month.

$7$ Hired a part$-$time secretary$,$ Michael Bradley, at $$295$ per week.

$8$ Purchased supplies on account from Mann Corp. for $$1,159.$

$9$ Received cash of $$1,700$ from clients for services performed.

$10$ Paid office expenses, $$435.$

$14$ Invoiced clients for services rendered, $$5,170.$

$18$ Paid Mann Corp. on account, $$610.$

$19$ Paid a dividend of $$0\mathrm{.}55$ per share on the $5,000$ outstanding shares. Dividend paid are treated as financing activities.

$20$ Received $$1,080$ from clients on account.

$21$ Paid Michael Bradley two weeks of salary, $$590.$

$28$ Invoiced clients for services rendered, $$2,140.$

$29$ Paid the September telephone bill of $$165$ and office expenses of $$100.$

At September $30,$ the following information is available:

The equipment has a useful life of five years and an estimated residual value of $$1,560.$ Straight$-$line depreciation is

appropriate.

One week's salary is owing to Michael.

Supplies of $$849$ remain on hand.

Two months of rent has been paid in advance.

The invoice for electricity for September of $$245$ has been received, but not paid.