Jameson Corporation was organized on May $1.$ The following events occurred during the first month. Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

Record the $$13,000$ order of store fixtures.

Note: Enter debits before credits. $3$ Record the receipt of the $$18,000$ cash borrowed on a

two$-$year note.

$4$ Record the $$18,000$ purchase of equipment paid for with

$$1,900$ in cash and a six$-$month note for the balance.

$5$ Record $$1,100$ loan to an employee who signed a note

due in three months.

$6$ Record the receipt of the store fixture and $$13,000$

payment.

a$.$ Received $$67,000$ cash and a building valued at $$240,000$ from the five investors who organized Jameson Corporation. Each

investor received $102$ shares of $$10$ par value common stock.

b$.$ Ordered store fixtures costing $$13,000.$

c$.$ Borrowed $$18,000$ cash and signed a note due in two years.

d$.$ Purchased $$18,000$ of equipment, paying $$1,900$ in cash and signing a six$-$month note for the balance.

e$.$ Lent $$1,100$ to an employee who signed a note to repay the loan in three months.

f$.$ Received and paid for the store fixtures ordered in $(b).$

Required:

Prepare journal entries for each transaction.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

Record the receipt of $$67,000$ cash and a building valued at $$240,000$ from

five investors who each received $102$ shares of $$10$ par value common stock.

Note: Enter debits before credits.