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Exercise 2-19 (Static) Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2- 6) Green Wave Company plans to own and

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Exercise 2-19 (Static) Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2- 6) 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 6. January 23 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. 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. Pronaro a trial balance.

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