Question
Journalize for Larper and Co. each of the following transactions, or state no entry required and briefly explain why. Be sure to follow proper journal
Journalize for Larper and Co. each of the following transactions, or state no entry required and briefly explain why. Be sure to follow proper journal writing rules.
a) A corporation is started with an investment of $ 600,000 in exchange for stock. b) A full-time worker is hired. The employee will work 40 hours per week starting next Tuesday at a rate of $21 per hour. c) Office supplies worth $406 are purchased and paid via cash. d) A new machine worth $66,300 is ordered. e) An advertisement was run in the newspaper at a total cost of $306. They agreed on payment within 30 days.
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