9/11 Pay employee salaries in cash $7,500 9/12 Purchase Office Supplies on Account with terms Net 30, $1,500 9/14 Sign Note Payable in exchange for Computer Equipment $20,000 9/17 Pay cash for the account from 9/3. It is outside the discount date, so the discount does not apply. $100,000 9/20 Receive the cash from the account from 9/10 for $9,000 9/21 A customer pays cash in advance for consulting services to be performed in October $4,000 9/23 Issue 5,000 shares of Common Stock with a Par Value of $1 per share in exchange for Land with a market value of $80,000 9/25 Pay cash for interest to holders of Bonds Payable $2,000 9/31 Journalize the adjusting entry for depreciation expense of Machinery $3,700 9/31 Journalize the adjusting entry to use up $2.000 of prepaid rent