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Credit Prepare the journal entry for each of the following independent transactions: Do not enter dollar signs or commas in the input boxes. For transactions
Credit Prepare the journal entry for each of the following independent transactions: Do not enter dollar signs or commas in the input boxes. For transactions that have 2 debits or credits, enter the accounts in alphabetical order. a) A company issued 9,300 common shares and received $3 per share on November 1, 2020. Date Account Title and Explanation Nov 1 Issued common shares for cash " " Debit b) A private company issued 10,500 common shares for land and a building on November 3, 2020. The land was valued at $55,000 and the building was valued at $128,000. Date Nov 3 Account Title and Explanation Debit ALC Credit Issued common shares for assets c) A company obtained the services of an accountant. The cost of the services amounted to $5,700. The company issued common shares to the accountant as payment on November 5, 2020. Date Account Title and Explanation Nov 5 Issued common shares for operating expense Debit Credit
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