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Create a General Journal for the scenarios below Oct. 1 Issued common stock in exchange for $56, 800 cash from investors. 2 Hired part-time security
Create a General Journal for the scenarios below
Oct. 1 Issued common stock in exchange for $56, 800 cash from investors. 2 Hired part-time security consultant. Salary will be $1, 700 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $1, 700. 7 Purchased equipment for $15, 500, paying $3, 400 cash and the balance on account. 8 Paid $400 for advertising. 10 Received bill for equipment repair cost of $340 12 Provided security services for event for $2, 800 on account. 16 Purchased supplies for $350 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $127. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $4, 400Step by Step Solution
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