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heducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https %253A%2 nework Graded i Addison Construction begins operations in March and has the following transactions. March 1 Issue common stock for $12,000 .

heducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https

%253A%2

\ nework Graded i\ Addison Construction begins operations in March and has the following transactions.\ March 1 Issue common stock for

$12,000

.\ March 5 obtain

$7,200

loan from the bank by signing a note.\ March 10 Purchase construction equipment for

$16,000

cash.\ March 15 Purchase advertising for the current month for

$1,000

cash.\ March 22 Provide construction services for

$16,200

on account.\ March 27 Receive

$11,200

cash on account from March 22 services.\ March 28 Pay salaries for the current month of

$4,200

.\ Required:\ Record each transaction. Addison uses the following accounts: Cash, Accounts Receivable Stock, Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is requir Journal Entry Required" in the first account field.)\ Journal entry worksheet\

\ \\\\table[[,1,2,3,4,5,6,7]]\ Issue common stock for

$12,000

.\ Note: Enter debits before credits.\ \\\\table[[Date,General Journal,Debit,Credit],[March 01,,,],[,,,],[,,,],[,,,],[,,,]]\ Prev\ 1 of 4\ MacBook Pro

image text in transcribed
Addison Construction begins operations in March and has the following transactions. March 1 Issue common stock for $12,000. March 5 obtain $7,200 loan from the bank by signing a note. March 10 Purchase construction equipment for $16,000 cash. March 15 Purchase advertising for the current month for $1,000 cash. March 22 Provide construction services for $16,200 on account. March 27 Receive $11,200 cash on account from March 22 services. March 28 Pay salaries for the current month of $4,200. Required: Record each transaction. Addison uses the following accounts: Cash, Accounts Receivabl Stock, Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is requir Journal Entry Required" in the first account field.) Journal entry worksheet 34567 Issue common stock for $12,000. Note: Enter debits before credits

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