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On October 1st, a company received $30,000 in cash and a building worth $200,000, and in return, issued common stock to an Investor. Create the

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On October 1st, a company received $30,000 in cash and a building worth $200,000, and in return, issued common stock to an Investor. Create the complete journal entry and post to the appropriate T-accounts. Complete this question by entering your answers in the tabs below. General Journal T Accounts Create the complete journal entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the issue of common stock Journal entry worksheet 1 > Record the issue of common stock. Note: Enter 'debits before credits. Date General Journal Debit Credit Oct 01 Common stock No journal entry required Accounts payable Accounts receivable Record en Accumulated depreciation View general journal Advertising expense General Journal T Accounts Required information General Journal T Accounts Post the entry appropriate T-accounts. Cash Building Beg Bal 0 Beg. Bal 0 End. Bal. 0 End, Bal Retained Earnings Accounts Payable 0 Beg. Bal. Beg Bal End. Bal End. Bal. Common Stock o Beg Bal 0 End. Bal.

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