Julie Kellogg is the president of ServicePro, Inc., a company that provides temporary employees for not-for-profit companies. ServicePro has been operating for five years; its revenues are increasing with each passing year. You have been hired to help Julie analyze the following transactions for the first two weeks of April:

Required:
For each of the transactions, prepare journal entries. Be sure to categorize each account as an asset ( A ).
liability (L), stockholders" equity (SE). revenue (R). or expense (E).

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April 2 Purchased office supplies for $500 on account. April 5 April 8 Billed the local United Way office $1,950 for temporary services provided. Paid $250 for supplies purchased and recorded on account last period. April 8 April 9 Placed an advertisement in the local paper for $400 cash. April 10 April 11 April 12 Purchased a new computer for the office costing $2,300 cash. Paid employee wages of $1,200. Of this amount, $200 had been earned and recorded in the Wages Payable account in the prior period. Received $1,000 on account from the local United Way office billed on April 5. Purchased land as the site of a future office for $10,000. Paid $2,000 down and signed a note payable for the balance. April 13 Issued 2,000 additional shares of capital stock for $40 per share in anticipation of building a new office. April 14 April 15 Billed Family & Children's Service $2,000 for services rendered. Received the April telephone bill for $245 to be paid next month.