a$.$ Received investment of cash by organizers and distributed to them $1,130$ shares of $$1$ par value common stock with a market Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

Record the $$9,000$ lease of equipment with $$1,600$ cash and the rest on long$-$

term right$-$of$-$use lease.

Note: Enter debits before credits. Journal entry worksheet

$1$

$2$

$3$

$5$

Record $$800$ loan to an employee who signed a note due in six months.

Note: Enter debits before credits. Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

Record the $$9,000$ lease of equipment with $$1,600$ cash and the rest on long$-$

term right$-$of$-$use lease.

Note: Enter debits before credits.Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

Record the $$18,000$ land purchase paid with $$8,000$ cash and a note for the

balance.

Note: Enter debits before credits.Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

Record $$11,000$ cash borrowed from bank.

Note: Enter debits before credits.

price of $$40$ per share.

b$.$ Leased $$9,000$ of equipment, paying $$1,600$ in cash and signing a long$-$term right$-$of$-$use lease for the rest owed.

c$.$ Borrowed $$11,000$ cash from a bank.

d$.$ Loaned $$800$ to an employee who signed a note due in six months.

e$.$ Purchased $$18,000$ of land; paid $$8,000$ in cash and signed a note for the balance.

Required:

Prepare journal entries for the above transactions.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

Record the receipt of cash and the distribution of $1,130$ shares of $$1$ par value

common stock with a market price of $$40$ per share

Note: Enter debits before credits.