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Prepare the journal entry for each of the following independent transactions Do not enter dollar signs or commas in the input boxes. For transactions

 

Prepare the journal entry for each of the following independent transactions Do not enter dollar signs or commas in the input boxes. For transactions that have 2 debits or credits, enter the accounts in alphabetical order. a) A company issued 9,300 common shares and received $1 per share on July 1, 2023. Date Jul 1 Account Title and Explanation Debit 0 0 Issued common shares for cash Credit b) A private company issued 15,000 common shares for land and a building on July 3, 2023. The land was valued at $63,000 and the building was valued at $122,000. Date Jul 3 Account Title and Explanation Debit Credit Issued common shares for assets: A company obtained the services of an accountant. The cost of the services amounted to $5,500. The company issued common shares to the accountant as payment on July 5, 2023. anation Debit Credit

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