Question
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,,,],[,,,],[,,,],[,,,],[,,,]]
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