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Bob Sample and other student investors opened Campus Carpet Cleaning, Inc. on Septem- ber 1, 2014....

Bob Sample and other student investors opened Campus Carpet Cleaning, Inc. on Septem- ber 1, 2014. During the first month of operations, the following transactions occurred.

September 1 - Stockholders invested $20,000 cash in the business.
September 2 - Paid $1,000 cash for store rent for the month of September.
September 3 - industrial carpet-cleaning equipment for $25,000, paying $10,000 in cash and signing a $15,000 6-month, 12% note payable.
September 4 - Paid $1,200 for 1-year accident insurance policy.
September 10 - Received bill from the Daily News for advertising the opening of the cleaning service, $200.
September 15 - Performed services on account for $6,200.
September 20 - Paid a $700 cash dividend to stockholders.
September 30 -Received $5,000 from customers billed on September 15.

Required:

  1. Journalize the September transactions.

  2. Prepare a trial balance at September 30, 2014.

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