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[The following information applies to the questions displayed below. Pirates Incorporated had the following balances at the beginning of September PIRATES INCORPORATED Trial Balance Credits
[The following information applies to the questions displayed below. Pirates Incorporated had the following balances at the beginning of September PIRATES INCORPORATED Trial Balance Credits Accounts Cash Accounts Receivable Supplies Land Accounts Payable Notes Payable Common Stock Retained Earnings Debits $ 6,300 2,300 7,400 11,000 $7,300 2,800 8,800 8,100 The following transactions occur in September: September 1 Provide services to customers for cash, $4,500 September 2 Purchase land with a long-term note for $6,200 from Crimson Company September 4 Receive an invoice for $480 from the local newspaper for an advertisement that appeared on September 2. September 8 Provide services to customers on account for $5,800 September 10 Purchase supplies on account for $1,200. September 13 Pay $3,800 to Crimson Company for a long-term note September 18 Receive $4,800 from customers on account. September 20 Pay $880 for September's rent. September 30 Pay September's utility bill of $1,900. September 30 Pay employees $3,800 for salaries for the month of September September 30 Pay a cash dividend of $1,200 to shareholders
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