JOURNALIZING TRANSACTIONS

Monilast Chemicals engaged in the following transactions during December 2009:
Dec. 2 Prepaid rent on office furniture for six months, $9,000
3 Borrowed $25,000 on a nine-month, 12 percent note
7 Provided services on credit, $35,000
10 Purchased supplies on credit, $12,000
13 Collected accounts receivable, $29,000
19 Sold common stock, $40,000
22 Paid employee wages for December, $8,000
23 Paid accounts payable, $10,000
25 Provided services for cash, $11,000
30 Paid utility bills for December, $2,000
JOURNALIZING TRANSACTIONS