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March 1 Issue common stock for $17,500 . March 5 obtain $8,300 loan from the bank by signing a note. March 10 Purchase construction equipment

March 1 Issue common stock for

$17,500

.\ March 5 obtain

$8,300

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

$21,500cash

.\ March 15 Purchase advertising for the current month for

$1,000

cash.\ March 22 Provide construction services for

$17,300

on account.\ March 27 Receive

$12,300

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

$5,300

.\ Required:\ Record each transaction. Bloomer uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)\ Journal entry worksheet\ 1\ 2\ 3\ 4\ 5\ 6\ 7\ Obtain

$8,300

loan from the bank by signing a note.\ Note: Enter debits before credits.\ \\\\table[[Date,General Journal,Debit,Credit],[March 05,,,],[,,,],[,,,],[,,,],[,,,]]

image text in transcribed
March 1 Issue common stock for $17,500. March 5 obtain $8,300 loan from the bank by signing a note. March 10 Purchase construction equipment for $21,500cash. March 15 Purchase advertising for the current month for $1,000cash. March 22 Provide construction services for $17,300 on account. March 27 Receive $12,300 cash on account from March 22 services. March 28 Pay salaries for the current month of $5,300. Required: Record each transaction. Bloomer uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 3 4 5 6 7 ivote: Enter dedits Derore creaits

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