a ) November 9 : Mary Graham ( a shareholder ) , received share capital in Holden Corp. , after investing $ 40,000 cash A into the business . LE b ) November 8 : Holden Corp. paid $ 150 for this month's utilities bill received today . c ) At month - end : Wages of $ 7,500 have been earned by Holden Corp.'s employees but have not yet been paid d ) November Mary Graham ( a shareholder ) , received share capital in Holden Corp. , after investing supplies into the business . e ) November 16 : Holden Corp. paid $ 1,250 for next month's rent . f ) November 2 : Holden Corp. will pay this month's utilities bill of $ 200 received today , within 30 days . g ) At month - end : $ 270 of interest has accrued on a note payable and is unrecorded h ) November 15 : $ 2,600 of furniture purchased on credit in an earlier transaction was found to be damaged . Holden Corp. returned it to the supplier . ) November 20 : Holden Corp. paid $ 1,800 towards the bill from an earlier transaction . ) At month - end : Holden Corp. rents part of its building for a monthly fee of 1,250 . The rent for the month just past has not been received . k ) November 24 : Holden Corp. returned to the supplier $ 3,500 of equipment discovered to be defective It was originally purchased on account in an earlier transaction . ) November 20 : Used $ 280 of the office supplies purchased last month . m ) November 7 : Provided consulting services to a customer and collected $ 100 . n ) At month - end : The monthly depreciation on the building is $ 400 . ) November 19 : Holden Corp. purchased equipment for $ 28,250 , borrowing this amount from the bank through a short - term note payable .