Leonard Matson completed these transactions during December of the current year Dec Began

Leonard Matson completed these transactions during December of the current year:

Dec	1	Began a financial services practice by investing $15,000 cash and office equipment having a $5,000 value in exchange for common stock.
	2	Purchased $1,200 of office equipment on credit.
	3	Purchased $300 of office supplies on credit.
	4	Completed work for a client and immediately received a payment of $900 cash.
	8	Completed work for Acme Loan Co. on credit. $1,700
	10	Paid for the supplies purchased on December 3.
	14	Paid for the annual $960 premium on an insurance policy.
	18	Received payment in full from Acme Loan Co. for the work completed on December 8.
	27	Paid a $650 cash dividend.
	30	Paid $175 cash for the December utility bills.
	30	Received $2,000 from a client for financial services to be rendered next year.