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NEW NEW 3B qwer loco fuori ed Bewe BA to sa Problem 3.1A (Algo) Journalizing Transactions (LO3-3, LO3-4, LO3-5) 30 000 Glenn Grimes is the

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loco fuori ed Bewe BA to sa Problem 3.1A (Algo) Journalizing Transactions (LO3-3, LO3-4, LO3-5) 30 000 Glenn Grimes is the founder and president of Heartland Construction, a real estate development venture. The business transactions during February wnie the company was being organized are isted as follows Feb. 1 Grimes and veral others invested in the business Lwchange for shares of capital stock Feb. 18 company purchased office facilities for $22.00, of which 300,000 was applicable to the land, to the A cash payment of 354,000 wa wade and not payable waited for the balance of the purchase price Feb. 15 Computer opent was purchased fros Porld for $14,200 cash. Feb. 18 office furnishings were purchased from Way Furnishing a cont of 59,150 A 931 made the time of , and an agreement was made to pay the balance in the qualitat de March 1 and April 1. Hy Furnishing dit net rere that artido a pessory note Feb. 22 orice supplies were purchased from office world for $355 cash Feb. Balandisvered that it paid too much for a computer print purchased on February 10. The unit should have cost only 1, but Heartland was charged $385. Chord protetore the different with seven days. Feb. 27 Red Way Furnishings the first installment de the count payable for offer the bruary Feb. 28 Racaded 175 from Pride wit of the account receivable created on February 2). Required: . Prepare journal entries to record the above transactions. Select the appropriate accounts from the following chart of accounts. 10 Receivable Selles OFF Land office Building Mots Payable Mounts Payable Capital Store indicate the effects of each transaction on the company's assets abilities, and owners equity for the month of February The Feb 1 transaction is provided for you. Complete this question by entering your answers in the tabs below Red indicate the westesch transaction on the companies, lab, and was quity for the month of February Theobration provided for you. Anteto be tele Lee 3 600.00 Ft 10 Cane 300.000 Cat

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