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Bearcat Construction begins operations in March and has the following transactions. March 1 Issue common stock for $21,000. March 5 obtain $9,000 loan from the

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Bearcat Construction begins operations in March and has the following transactions. March 1 Issue common stock for $21,000. March 5 obtain $9,000 loan from the bank by signing a note. March 10 Purchase construction equipment for $25,000 cash. March 15 Purchase advertising for the current month for $1,100cash. March 22 Provide construction services for $18,000 on account. March 27 Receive $13,000 cash on account from March 22 services. March 28 Pay salaries for the current month of $6,000. Required: Record each transaction. Bearcat uses the following accounts: Cash, Accounts Receivable Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is required for Entry Required" in the first account field.) Required: Record esch transaction, Bearcat uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable. Commo Service fievenue, Advertising Expense, and Salaries Expense. (if no entry Is required for a transaction/event, select "No Jour Entrv Required" in the first account fleld.) Journal entry worksheet 3 4 Note: Enter deblts before credits. Sorvice Revenve. Advertising Expense, and Salaries Expense. of no entry ls required for a trans Entry Required" in the first account field) Service Revenue, Advertising Expense, and Salarles Expense. (If no entry is required for a tra Entry Required" in the first account field.) Journal entry worksheet Note: Enter deblts before credits. Journal entry worksheet 5 7 Purchase advertising for the current month for $1,100 cash. Note: Enter deblts before credits. Journal entry worksheet Provide construction services for $18,000 on account. Note: Enter debits before credits. Journal entry worksheet 3 7 Recelve $13,000 cash on account from March 22 services. Note: Enter debits before credits. Journal entry worksheet 1 5 Pay salaries for the current month of $6,000. Note: Enter debits before credits

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