Required information The following information applies to the questions displayed below) During January, Central Storage Company has the following transactions 1. January 1 Issue 10,000 shares of common stock in exchange for $25,000 in cash. 2. January 5 Purchase land for $15,500. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $7,300 cash. 4. January 12 Hire three employees for $1,300 per month 5. January 18 Receive cash of $11,300 in rental fees for the current month. 6. January 23 Purchase office supplies for $1,300 on account. 7. January 31 Pay employees $3,900 for the first month's salaries. Required: 1. Record each transaction (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Issue 10,000 shares of common stock in exchange for $25,000 in cash. Note: Enter debits before credits. General Journal Transaction January 01 Debit Credit Record entry Clear entry View general Journal