Double Tree Cellular, Inc., completed the following transactions during September 2012, its first month of operations:

Requirement
Record the transactions in the journal of Double Tree Cellular, Inc. Key transactions by date and include an explanation for eachentry.

Transcribed Image Text:

Received $19,900 and issued common stock. 2 Purchased $400 of office supplies on account Sep 1 4 Paid $14,000 cash for land to use as a building site. 6 Performed services for customers and received cash of $2,900. 9 Paid $300 on accounts payable. 17 23 30 Performed services for U Purchase on account totaling $1,200. Collected $100 from U Purchase on account. Paid the following expenses: salary, $1,200; rent, $800,