The following transactions occurred during the month of December: $65,000 5,000 550 475 1 Sold common stock for cash. 2 Paid December rent on furnished office. 3 Purchased on account. T-shirts displaying company, logo. The T-shirts were distributed at a grand opening 4 Paid amount owed to creditor on account. 5 Collected "Help wanted" ad revenue in cash. 6 Paid post office for cost of bulk mailing. 7 Billed various firms for advertising in the first two issues of newspaper, 8 Paid Courier Service for transporting newspapers to post office. 9 Paid for printing newspaper. 10 Collected "Help wanted" ad revenue in cash. 11 Received invoice for December utilities, to be paid in January 12 Paid for printing newspaper. 13 Paid December salaries. 14 Billed various firms for advertising in two issues of the newspaper, 15 Paid post office for cost of bulk mailing. 16 Paid Courier Service for transporting newspapers to post office. 17 Collected on accounts receivable. 18 Purchased a printer for office in exchange, for a six month note payable. 2,800 810 6,300 70 3,900 4,570 510 4,400 6,100 8,950 630 90 5,100 3,100 Cash Office Equipment Common Stock 0 Accounts Receivable a 0 10 0 0 0 BU O 0 O B 110 11 04 153 0 0 O 0 O O 0 0 0 0 010 0123 (11 15) 116 07 0 O 0 0 al Accounts Payable Notes Payable Printing Eapense 0 O Advertising Revenue 0 0 (12) 11) . 0 Want Ad Revenge Rent Expense Utilities Expense Advertising Expense 0 5) al D . 0 Salaries Expanse 6100 6100 Delivery Expense 0 0 0 0 (1) $ 65000 $ 65000 (2) 5000 5000 (3) () 550 550 (4) 475 475 4) (5) 2800 2800 (6) 810 810 (7) 6300 6300 Dec. Cash Common Stock To record issuance of common stock Rent Expense Cash To record payment of office rent Advertising Expense e Accounts Payable To record purchase on account for T-shirts used for advertising Accounts Payable e Cash . To record payment owed on account Cash Want Ad Revenue To record collection want ad revenue. Delivery Expense Cash To record payment to post office for bulk mailing. Accounts Receivable a Advertising Revenue To record billing for advertising Delivery Expense . Cash Tor record payment for courier service. Printing Expense Cash To record payment for printing Cash Want Ad Revenue To record collection of want ad revenue. Utilities Expense Cash To record December utilities invoice. Printing Expense Cash To record payment for printing Salaries Expense Cash To record payment of salaries Accounts Receivable Advertising Revenue Toucandlingsfocadoricing (8) 70 70 -> (9) 3900 390 (10) 4570 > > 4570 (11) 510 510 (12) 4400 4 4400 (13) 6100 1) 6100 (14) 44 8950 8950 (7) 6300 e 6300 . (8) 70 70 ( (9) 3900 (9) 3900 390 (10) 4570 > > 4570 (11) 510 510 (12) 4400 4 4400 (13) 6100 1) 6100 (14) 44 8950 8950 (7) 6300 e 6300 . (8) 70 70 ( (9) 3900