Selected transactions for Splish Brothers Company during its first month in business are presented below. Sept. 1 Invested $10,000 cash in the business. 5 Purchased equipment for $14,000 paying $3,300 in cash and the balance on account. 25 Paid $1,200 cash on balance owed for equipment. 30 Withdrew $900 cash for personal use. Brotherss chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No. 301 Owners Capital, and No. 306 Owners Drawings.

Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Sept. 1Sept. 5Sept. 25Sept. 30 Sept. 1Sept. 5Sept. 25Sept. 30 Sept. 1Sept. 5Sept. 25Sept. 30 Sept. 1Sept. 5Sept. 25Sept. 30

Post the transactions using the standard account form. (Post the entries into ledger in the order presented in the previous part.) Cash No. 101 Date Explanation Ref Debit Credit Balance Sept. 1Sept. 5Sept. 25Sept. 30 J1 Sept. 1Sept. 5Sept. 25Sept. 30 J1 Sept. 1Sept. 5Sept. 25Sept. 30 J1 Sept. 1Sept. 5Sept. 25Sept. 30 J1 Equipment No. 157 Date Explanation Ref Debit Credit Balance Sept. 1Sept. 5Sept. 25Sept. 30 J1 Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance Sept. 1Sept. 5Sept. 25Sept. 30 J1 Sept. 1Sept. 5Sept. 25Sept. 30 J1 Owners Capital No. 301 Date Explanation Ref Debit Credit Balance Sept. 1Sept. 5Sept. 25Sept. 30 J1 Owners Drawings No. 306 Date Explanation Ref Debit Credit Balance Sept. 1Sept. 5Sept. 25Sept. 30 J1