Answer:
9/1 Opened a business account by contributing $950.
Dr Cash 950
Cr Lisa, capital, 950
9/1 Paid $300 for tennis supplies (practice tennis balls, etc.).
Dr Supplies 300
Cr Cash 300
9/1 Paid $275 for the rental of video equipment to be used in offering lessons during September.
Dr Rent expense 275
Cr Cash 275
9/1 Arranged for the rental of two ball machines during September for $250. Paid $100 in advance, with the remaining $150 to be paid October 1.
Dr Rental expense 250
Cr Cash 100
Cr Accounts receivable 150
9/30 Received $1,750 for lessons given during September.
Dr Cash 1,750
Cr Fees earned 1,750
9/30 Received $600 in fees from the use of the ball machines during September.
Dr Cash 600
Cr Fees earned 600
9/30 Paid $800 for salaries of part-time employees who answered the telephone and took reservations while Lisa was giving lessons.
Dr Wages expense 800
Cr Cash 800
9/30 Paid $290 for miscellaneous expenses.
Dr Miscellaneous expenses 290
Cr Cash 290
9/30 Received $1,300 (325 per week) from the club for managing the tennis courts during September.
Dr Cash 1,300
Cr Fees earned 1,300
9/30 Determined that the cost of supplies on hand at the end of the month totaled $180; therefore, the cost of supplies used was $120.
Dr Supplies expense 120
Cr Supplies 120
9/30 Withdrew $400 (similar to Dividend) for personal use on September 30.
Dr Lisa, drawings 400
Cr cash 400