=+Oct. 1. Paid rent for the month, $2,500.

3. Paid advertising expense, $1,100.

4. Paid cash for supplies, $725.

6. Purchased office equipment on account, $7,500.

10. Received cash from customers on account, $3,600.

12. Paid creditor on account, $600.

20. Paid dividends, $1,000.

27. Paid cash for repairs to office equipment, $500.

30. Paid telephone bill for the month, $195.

31. Fees earned and billed to customers for the month, $20,150.

31. Paid electricity bill for the month, $315.

On July 27, 2008, Colorcast Co. purchased $1,875 ofsupplies on account.