ces 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 2. January 5 3. January 9 4. January 12 5. January 18 Issue 10,000 shares of common stock in exchange for $42,000 in cash. Purchase land for $24,000. A note payable is signed for the full amount. Purchase storage container equipment for $9,000 cash. Hire three employees for $3,000 per month. Receive cash of $13,000 in rental fees for the current month. 6. January 23 Purchase office supplies for $3,000 on account. 7. January 31 Pay employees $9,000 for the first month's salaries. Required: 1. Record each transaction. 2. Post each transaction to T-accounts and calculate the ending balance for each account. For each posting, indicate the corresponding transaction number and the appropriate transaction amount. Since this is the first month of operations, all T-accounts have a beginning balance of zero. 3. Prepare a trial balance. Complete this question by entering your answers in the tabs below. General Journal T Accounts Trial Balance Record each transaction. Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 < Prev 7 of 9 Next > 25 Journal Record each transaction. Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first 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 $42,000 in cash. Note: Enter debits before credits. Transaction January 01 General Journal Debit Credit Record entry Clear entry View general journal General Journal T Accounts > Journal Record each transaction. Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first acc View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 Purchase land for $24,000. A note payable is signed for the full amount. Note: Enter debits before credits. Transaction January 05 General Journal Debit Credit Record entry Clear entry View general journal General Journal T Accounts >