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GL 2-1 i Saved GL2-1 Record transactions, post to T-accounts, and prepare a trial balance Green Wave Company plans to own and operate a storage
GL 2-1 i Saved GL2-1 Record transactions, post to T-accounts, and prepare a trial balance Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, th following transactions. Boot 1. January 1 Issue 10,000 shares of common stock in exchange for $39,900 in cash. 2. January 5 Purchase land for $22,500. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $8,700 cash. 4. January 12 Hire three employees for $2,700 per month. 5. January 18 Receive cash of $12,700 in rental fees for the current month. 6. January 23 Purchase office supplies for $2,700 on account. 7. January 31 Pay employees $8,100 for the first month's salaries. General Journal Requirement General Ledger Trial Balance Esk Prepare the journal entries for transactions. (If no entry is required for a transaction event, select 'No Journal Entry Re account field.) SS lons, post to l-accounts, and prepare a trial balance ans to own and operate a storage rental facility. For the first month of operations, the comp- 000 shares of common stock in exchange for $39,000 in cash. land for $22,500. A note payable is signed for the full amount. storage container equipment for $8,700 cash. ee employees for $2,700 per month. cash of $12,700 in rental fees for the current month. = office supplies for $2,700 on account. loyees $8,100 for the first month's salaries. Trial Balance eral General Ledger nal entries for transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required 3. January 9 Purchase storage container equipment 4. January 12 Hire three employees for $2,700 per month. 5. January 18 Receive cash of $12,700 in rental fees for the current month, 6. January 23 Purchase office supplies for $2,700 on account. 7. January 31 Pay employees $8,100 for the first month's salaries. General Journal Requirement General Ledger Trial Balance Prepare the journal entries for transactions. (If no entry is required for a transaction/ever account field. Print View transaction list View journal entry worksheet Account Title References Date No January 01 Cash Common Stock January 05 N Land Notes Payable 8. January 09 Equipment Green Wave Company plans to own and operate a storage rental facility. For following transactions. 1. January 1 Issue 10,000 shares of common stock in exchange for $39,000 in 2. January 5 Purchase land for $22,500. A note payable is signed for the fu. 3. January 9 Purchase storage container equipment for $8,700 cash. 4. January 12 Hire three employees for $2,700 per month. 5. January 18 Receive cash of $12,700 in rental fees for the current month. 6. January 23 Purchase office supplies for $2,700 on account. 7. January 31 Pay employees $8,100 for the first month's salaries, General Journal Requirement General Ledger Trial Balance Prepare the journal entries for transactions. (if no entry is required for a transaction/ account field.) View transaction list View journal entry worksheet
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