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ces Ac Required information Exercise 2-19A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) [The following information applies to the

ces Ac Required information Exercise 2-19A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) [The following information applies to the questions displayed below.] Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions. 1. January 1 Issue 10,000 shares of common stock in exchange for $26,000 in cash. 2. January 5 Purchase land for $16,000. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $7,400 cash. 4. January 12 Hire three employees for $1,400 per month. 5. January 18 Receive cash of $11,400 in rental fees for the current month. 6. January 23 Purchase office supplies for $1,400 on account. 7. January 31 Pay employees $4,200 for the first month's salaries. Exercise 2-19A Part 1 Required: 1. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Issue 10,000 shares of common stock in exchange for $26,000 in cash. Note: Enter debits before credits. Transaction January 01 General Journal Debit Credit Record entry Clear entry View general journal

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