The journal entries for the Decorators Mill were prepared in E3-6. E3-6 Selected transactions for the Decorators Mill Ltd., an interior decorator corporation in its first month of business, are as follows:

March 2 Issued common shares for $11,000 cash. 4 Purchased used car for $1,000 cash and $9,000 on account, for use in the business. 10 Billed customers $2,300 for services performed. 13 Paid $225 cash to advertise business opening. 25 Received $1,000 cash from customers billed on March 10. 27 Paid amount owing for used car purchased on March 4. 30 Received $700 cash from a customer for services to be performed in April. 31 Paid dividends of $500 to shareholders.

Instructions Post the journal entries to T accounts