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No Transaction General Journal Debit Credit Cash 510,000 Common Stock 510,000 2 Cash 183,000 Notes Payable (long-term) 183,000 3 Buildings 210,750 86,750 124,000 Notes Payable

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No Transaction General Journal Debit Credit Cash 510,000 Common Stock 510,000 2 Cash 183,000 Notes Payable (long-term) 183,000 3 Buildings 210,750 86,750 124,000 Notes Payable (long-term) Equipment Cash 4 284,000 284,000 Supplies 37,000 Accounts Payable 37,000

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