use this dATA TO CREATE THE T$-$ACCOUNT' Current Attempt in Progress

Sheridan Corporation provides security services. Selected transactions for Sheridan are presented below.

Oct. $1$ Issued common stock in exchange for $$72,600$ cash from investors.

$2$ Hired part$-$time security consultant. Salary will be $$2,200$ per month. First day of work will be October $15.$

$4$ Paid $1$ month of rent for building for $$2,200.$

$7$ Purchased equipment for $$19,800,$ paying $$4,400$ cash and the balance on account.

$8$ Paid $$2,100$ for advertising.

$10$ Received bill for equipment repair cost of $$460.$

$12$ Provided security services for event for $$3,500$ on account.

$16$ Purchased supplies for $$450$ on account.

$21$ Paid balance due from October $7$ purchase of equipment.

$24$ Received and paid utility bill for $$163.$

$27$ Received payment from customer for October $12$ services performed.

$31$ Paid employee salaries and wages of $$5,600.$

$($a$)$

Your answer is partially correct.

Journalize the transactions. $($If no entry is required, select: $"$No Entry' for the account tittes and enter O for the amounts. Credit account

titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the

problem. List all debit entries before credit entries.$)$

Date

xet $1$

xint$2$

Debit

Credit Post the transactions to T$-$accounts and determine month$-$end balances. $($Post ertries in the order of journ

previous part. For acomunts with zero balance select "Bal" from the list and enter $"$O$"$ on the normal balance sic

blank$)$

Cash

Common Stock