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Accounts and Explanation Post. Ref. Debit Date Credit 40,000 2016 Nov. 1 Cash 40,000 Common Stock Stockholder contribution. Account No. 101 Cash Balance Credit Date

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Accounts and Explanation Post. Ref. Debit Date Credit 40,000 2016 Nov. 1 Cash 40,000 Common Stock Stockholder contribution. Account No. 101 Cash Balance Credit Date Debit Debit Credit Post. Ref. Item 2016 101 Nov. 1 Nov. 15 Dec. 1 Account No. 301 Balance Debit Credit Date Item Credit Post. Ref. Debit 2016 Common Stock Account No. 3 Balance Date Item Post. Ref. Debit Credit Debit Credit 2016

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