Mike Szabo Company engaged in the following transactions during the month of December:

December 2 Made credit sales of $4,000 (accepted accounts receivable).

6 Made cash sales of $2,500.

10 Paid office salaries of $500.

14 Sold land that originally cost $2,200 for $3,000 cash.

17 Paid $6,000 for equipment.

December 21 Billed clients $900 for services (accepted accounts receivable).

24 Collected $1,200 on an account receivable.

28 Paid an account payable of $700.

Required

Record the transactions, using T-accounts.