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A company begins operations in March and has the following transactions. March 1 Issue common stock for $ 2 0 , 0 0 0 .

A company begins operations in March and has the following transactions.
March 1 Issue common stock for $20,000.
March 5 Obtain $8,800 loan from the bank by signing a note.
March 10 Purchase construction equipment for $24,000cash.
March 15 Purchase advertising for the current month for $1,200 cash.
March 22 Provide construction services for $17,800 on account.
March 27 Receive $12,800 cash on account from March 22 services.
March 28 Pay salaries for the current month of $5,800.
Required:
Record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account
field.)
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