On December 1, 2015, R. Lambert formed Lambert Services, which provides career and vocational December, and company accounts include the following: Cash, Accounts Receivable, Land, Accounts Payable, Notes Payable, Common Stock, Retained Earnings, Counseling Services Revenue, Rent Expense Advertising Expense, Interest Expense, Salary Expense, and Utilities Expense. 1. Raised $7,000 cash through common stock issuance.
2. Paid $750 cash for December rent on its furnished office space.
3. Received $500 invoice for December advertising expenses.
4. Borrowed $15,000 cash from bank and signed note payable for that amount.
5. Received $1,200 cash for counseling services rendered.
6. Billed clients $6,800 for counseling services rendered.
7. Paid $2,200 cash for secretary salary.
8. Paid $370 cash for December utilities.
9. Declared and paid a S900 cash dividend.
10. Purchased land for $13,000 cash to use for its own facilities.
11. Paid $100 cash to bank as December interest expense on note payable.

Required:
a. Prepare journal entries for each of the transactions 1 through 11.
b. Se t up T-accounts for each of the accounts used in part a and post the journal entries to those accounts.