The following events occurred during August 2013. Issued common stock to Ms. Garriz in exchange for $15,000 cash. Paid $850 for first month's rent on office space. Purchased supplies of $2,250 on...

The following events occurred during August 2013.

1. Issued common stock to Ms. Garriz in exchange for $15,000 cash.


2. Paid $850 for first month's rent on office space.


3. Purchased supplies of $2,250 on credit.


4. Borrowed $8,000 from the bank.


5. Paid $1,080 on account for supplies purchased earlier on credit.


6. Paid secretary's salary for August of $2,150.


7. Performed accounting services for clients who paid cash upon completion of the service in the total amount of $4,700.


8. Used $3,180 of the supplies on hand.


9. Performed accounting services for clients on credit in the total amount of $1,920.


10. Purchased $500 in supplies for cash.


11. Collected $1,290 cash from clients for whom services were performed on credit.


12. Paid $1,000 dividend to stockholders.

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