Required Information [The following information applies to the questions displayed below.) Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions. 1. January 1 Issue 10,000 shares of common stock in exchange for $32,000 in cash 2. January 5 Purchase land for $19,000. A note payable is signed for the full amount 3. January 9 Purchase storage container equipment for $6,000 cash. 4. January 12 Hire three employees for $2,000 per month 5. January 18 Receive cash of $12,000 in rental fees for the current month 6. January 23 Purchase office supplies for $2,000 on account. 7. January 31 Pay employees $6,000 for the first month's salaries Required: 1. Record each transaction. (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 1 2 3 4 5 6 7 Issue 10,000 shares of common stock in exchange for $32,000 in cash Note: Enter debits before credits Debil Credit General Journal Transaction Required Information [The following information applies to the questions displayed below.) Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions. 1. January 1 Issue 10,000 shares of common stock in exchange for $32,000 in cash. 2. January 5 Purchase land for $19,000. A note payable is signed for the full amount 3. January 9 Purchase storage container equipment for $8,000 cash. 4. January 12 Hire three employees for $2,000 per month 5. January 18 Receive cash of $12,000 in rental fees for the current month 6. January 23 Purchase office supplies for $2,000 on account 7. January 31 Pay employees $6,000 for the first months salaries 2. Posteach transaction to T-accounts and calculate the ending balance for each account Cash Bupplies Bog, bal Babal 0,000 (3) Endbal End, bal Land Equipment Beg bal Beg bol Endbal End, bal Accounts Payabile Common Stock Begal Beg bal G nh