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Exercise 254 Journalise the following business transactions in general Journal form. Identity cach transaction by number. You may omit explanations of the transaction (Credit accounties

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Exercise 254 Journalise the following business transactions in general Journal form. Identity cach transaction by number. You may omit explanations of the transaction (Credit accounties are automatically indent when the amount is ante. Do not indent manually. It ne entry is require alect "Me Entry for the titles and enter for the amounts) 1. Stockholders vest 549,000 in cash in starting a state in corporation 2Purchased $450 ot supplies on credit 3. Purchased equipment for 325,000, paving 33,000 in cash and signed a 30-dov, 122,000, note payable Real estate committed to clients amunt to 200 00 in cash for the current montrent 6. Ped 225 cash on scount for office supplies puced in transaction 2 7. Rected a bit for $950 for advertising for the current month, Pad 19,400 cash for office stories 9. 51.450 cash dividends to Mockholders 10. Received check for 13.100 from a client in payment on account for commanded transaction 4 No Accounties and plantion Debit 1 2

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