Prepare journal entries to record the following transactions for the month of November:
A. On first day of the month, issued common stock for cash, $20,000
B. On third day of month, purchased equipment for cash, $10,500
C. On tenth day of month, received cash for accounting services, $14,250
D. On fifteenth day of month, paid miscellaneous expenses, $3,200
E. On last day of month, paid employee salaries, $8,600