transactions occurred.

Aug. $3$ Collected $$1,200$ of accounts receivable due from customers.

$5$ Received $$1,300$ cash for issuing common stock to new investors.

$6$ Paid $$2,700$ cash on accounts payable.

$7$ Performed legal services of $$6,500,$ of which $$3,000$ was collected in cash and the remainder was due on account.

$12$ Purchased additional equipment for $$1,200,$ paying $$400$ in cash and the balance on account.

$14$ Paid salaries $$3,500,$ rent $$900,$ and advertising expenses $$275$ for the month of August.

$18$ Collected the balance for the services performed on August $7.$

$20$ Paid cash dividend of $$500$ to stockholders.

$24$ Billed a client $$1,000$ for legal services performed.

$26$ Received $$2,000$ from Laurentian Bank; the money was borrowed on a bank note payable that is due in $6$ months.

$27$ Agreed to perform legal services for a client in September for $$4,500.$ The client will pay the amount owing after the services have been performed.

$28$ Received the utility bill for the month of August in the amount of $$275$; it is not due until September $15.$

$31$ Paid income tax for the month $$500.$

$($a$)$

$($c$)$

Post the August journal entries to the ledger and determine month$-$end balances. $($Post entries in the order of Journal entries presented in the previous part.$)$

Make a journal on the ledger