Bearcat Construction begins operations in March and has the following transactions. 1 March Issue common stock for $16,000. March 5 Obtain $8,000 loan from the bank signing a note. March 10 Purchase construction equipment for $20,000 cash. March 15 Purchase advertising for the current month for $1,000 cash. March 22 Provide construction services for $17,000 on account. March 27 Receive $12,000 cash on account from March 22 services. March 28 Pay salaries for the current month of $5,000. Required: Record each transaction. Bearcat uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Issue common stock for $16,000. Note: Enter debits before credits. General Journal Debit Credit Date March 01 Record entry Clear entry View general journal