Tip Top Advertising, Inc., engaged in the following business transactions during July of 2010:

Tip Top Advertising, Inc., uses the following accounts: Cash, Accounts Receivable, Supplies, Building, Accounts Payable, Notes Payable, Common Stock, Dividends, Sales Revenue, Salary Expense, and Property Tax Expense.
Requirement 1.Journalize each transaction. Omit explanations

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Jul 1 Borrowed $190,000 from Oakville Bank. The company president signed 3 6 a note payable to the bank in the name of Tip Top Advertising, Inc. Paid $110,000 cash to purchase an office building. Provided services to customers on account, $18,400. 9 Purchased $1,200 of office supplies on account. 13 15 17 18 Provided services to cash customers, $8,500. Paid $3,000 of dividends to company stockholders. Received payment on account from credit customers, $2,900. Paid property tax expense on office building, $1,400. 22 Paid employee salaries, $3,150. 26 31 Paid cash to purchased supplies, $500. Paid $2,200 on account.