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following transactions. 1. January 2. January 3. January 4. January 12 Hire three employees for $3,000 per month. 5. January 18 Receive cash of $13,000

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following transactions. 1. January 2. January 3. January 4. January 12 Hire three employees for $3,000 per month. 5. January 18 Receive cash of $13,000 in rental fees for the eurrent montb. 6. January 23 Purchase office supplies for $3,000 on account. 7. January 31 Pay employees $9,000 for the first month's salaries. 1 Issue 10,000 shares of conmon stock in exchange for $42,000 in cash. 5 Purchase land for $24,000. A note payable is signed for the full amount. 9 Purchase storage container equipment for $9,000 cash. General Journal General Ledger Requirement Trial Balance Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Issue 10,000 shares of common stock in exchange for $42,000 in cash. Note: Enter debits before credits. Debit Credit Date Account Title January 01 10 of 13 Next> Prev

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