Vision Max trainers are professional training company which provides training services. Transaction during first month of operations of their business the following events and transactions occurred during January.

1. Stockholders invested Rs.17,500 cash in exchange for common stock.
2. Purchased equipment Rs.6,000 on account from LG electronics.
3. Purchased office supplies for Rs.500 in cash.
4. Paid office Rent Rs.1,000 cash for the month.

• Successfully delivered training and billed Clint 5,000 for services provided.

1. Received 4,000 advances on training services.

• Received cash of Rs.4000 of transaction occurred on 9^th January.

1. Paid LG electronics Rs.5,000 of balance due.

• Paid stockholders dividend of Rs.1,000