Answer:
I couldn't find the questions that should follow these transactions, the only requirement that I found on similar questions was to journalize them:
Oct. 1 Martin purchases 2 new saws on credit at $375 each; the saws are added to Martin's rental fleet; payment is due in 30 days.
Dr Equipment 750
Cr Accounts payable 750
8 Martin accepts advance deposits for tool rentals of $75.
Dr Cash 75
Cr Unearned revenue 75
15 Martin receives a $150 bill for electricity provided by Local Electric Company; payment is due in 30 days.
Dr Electricity expense 150
Cr Accounts payable 150
20 Customers are charged $750 by Martin for tool rentals; payment is due from customers in 30 days.
Dr Accounts receivable 750
Cr Service revenue 750
31 Payments of $500 are received by Martin from customers billed for rentals on October 20.
Dr Cash 500
Cr Accounts receivable 500
