The following journal entries were prepared and posted by an employee of International Marketing Company who does not have an adequate knowledge of accounting.

Selected activity of Mason Consulting Services follow. DATE TRANSACTIONS 2019 Sept. 1 Zack Mason invested $30,000 in cash to start the firm. 4 Purchased office equipment for $3,250 on credit from Den, Inc.; received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients; issued Check 1001 for $15,000 in full payment. 20 Purchased supplies for $260; paid immediately with Check 1002. 23 Returned damaged supplies for a cash refund of $85. 30 Issued Check 1003 for $2,100 to Den, Inc., as payment on account for Invoice 9823. 30 Withdrew $1,500 in cash for personal expenses. 30 Issued Check 1004 for $3,500 to pay the rent for September. 30 Performed services for $7,325 in cash. 30 Paid $220 for monthly telephone bill, Check 1005. Cash Account No. 101 Accounts Receivable Account No. 111 Date Debit Credit Balance Date Debit Credit Balance Supplies Account No. 121 Account No. 131 Equipment Date Debit Date Debit Credit Balance Credit Balance Automobile Account No. 141 Account No. 202 Accounts Payable Date Debit Date Debit Credit Balance Credit Balance Account No. 301 Account No. 302 Zack Mason, Capital Date Debit Zack Mason, Drawing Date Debit Credit Balance Credit Balance Fees Income Account No. 401 Rent Expense Account No. 511 Date Debit Credit Balance Date Debit Credit Balance Salaries Expense Account No. 514 Telephone Expense Account No. 517 Date Debit Credit Balance Date Debit Credit Balance Salaries Expense Account No. 514 Telephone Expense Account No. 517 Date Debit Credit Balance Date Debit Credit Balance