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Question1 Martinez Corp. provides security services. Selected transactions for Martinez Corp. are presented below. Issued common stock in exchange for $59,400 cash from investors. Hired
Question1 Martinez Corp. provides security services. Selected transactions for Martinez Corp. are presented below. Issued common stock in exchange for $59,400 cash from investors. Hired part-time security consultant. Salary will be $1,800 per month. First day of work will be October 15. Paid 1 month of rent for building for $1,800. Purchased equipment for $16,200, paying $3,600 cash and the balance on account. Oct. 1 2 4 7 8 Paid $500 for advertising. 10 Received bill for equipment repair cost of $350. 12 Provided security services for event for $2,900 on account. 16 Purchased supplies for $370 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $133. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $4,600. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit
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