Weygandt, Financial Accounting, 10e Help I System Announcements Exercise 2-17 (Part Level Submission) Flint Corporation provides security services. Selected transactions for Flint are presented below. Oct. 1 Issued common stock in exchange for $65,600 cash from investors. 2 Hired part-time security consultant. Salary will be $1,860 per month. First day of work will be October 15. 4 Paid one month of rent for building for $1,860. 7 Purchased equipment for $19,950, paying $5,100 cash and the balance on account. 8 Paid $630 for advertising. 10 Received bill for equipment repair cost of $360. 12 Provided security services for event for $3,220 on account. 16 Purchased supplies for $475 on account. 21 Paid balance due from October 7 purchase of equipment 24 Received and paid utility bill for $145. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $5,590. (a) Your answer is correct. Journalize the transactions. (Credit account titles are automatically indent ed when the amount is entered. Do r amounts.) Date Account Titles and Explanation Debit Credit Oct. 1 Cash 65,600