ework C2 1 Saved Rochester Construction begins operations in March and has the following transactions. March 1 Issue common stock for $15,500. March 5 Obtain $7,900 loan from the bank by signing a note. March 10 Purchase construction equipment for $19,500 cash. ts Book Hint eferences March 15 Purchase advertising for the current month for $1,200 cash. March 22 Provide construction services for $16,900 on account. March 27 Receive $11,900 cash on account from March 22 services. March 28 Pay salaries for the current month of $4,900. Required: Record each transaction. Rochester uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Mc Graw Hill View transaction list Journal entry worksheet 1 3 4 6 7 Issue common stock for $15,500. Note: Enter debits before credits. Date March 01 General Journal 26 Debit Credit Prev 1 of 8 Next > dtv 1140 Help