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! transaction from September 1 in this step.) Sep. 1 Received $41,000 cash and issued common stock to Bennett. Sep. 4 Purchased office supplies, $700,
! transaction from September 1 in this step.) Sep. 1 Received $41,000 cash and issued common stock to Bennett. Sep. 4 Purchased office supplies, $700, and furniture, $1,900, on account. Sep. 6 Performed services for a law firm and received $1,800 cash. Sep. 7 Paid $28,000 cash to acquire land to be used in operations. Sep. 10 Performed services for a hotel and received its promise to pay the $1,400 within one week. Sep. 14 Paid for the furniture purchased on September 4 on account. Sep. 15 Paid assistant's semimonthly salary, $1,400. Sep. 17 Received cash on account, $1,100. Sep. 20 Prepared a design for a school on account, $500. Sep. 25 Received $2,000 cash for design services to be performed in October. Sep. 28 Received $2,300 cash for consulting with Plummer \& Gordon. Sep. 29 Paid $960 cash for a 12-month insurance policy starting on October 1. Sep. 30 Paid assistant's semimonthly salary, $1,400. Sep. 30 Paid monthly rent expense, $700. Sep. 30 Received a bill for utilities, $300. The bill will be paid next month. Sep. 30 Paid cash dividends of $3,300
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