Data for B. Madar, interior decorating, are presented in E.

Jan. 2 Invested $15,000 cash in the business in exchange for common stock.

3 Purchased used car for $7,000 cash for use in the business.

9 Purchased supplies on account for $500.

11 Billed customers $1,800 for services performed.

16 Paid $200 cash for advertising.

20 Received $700 cash from customers billed on January 11.

23 Paid creditor $300 cash on balance owed.

28 Declared and paid a $1,000 cash dividend.

Instructions

Journalize the transactions using journal page J1. (You may omit explanations.)