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Rochester Construction begins operations in March and has the following transactions. March 1 Issue common stock for $ 1 1 , 0 0 0 .

Rochester Construction begins operations in March and has the following transactions.
March 1 Issue common stock for $11,000.
March 5 Obtain $7,000 loan from the bank by signing a note.
March 10 Purchase construction equipment for $15,000 cash.
March 15 Purchase advertising for the current month for $1,200 cash.
March 22 Provide construction services for $16,000 on account.
March 27 Receive $11,000 cash on account from March 22 services.
March 28 Pay salaries for the current month of $4,000.
Required:
Record each transaction. Rochester uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Journal entry worksheet
1
2
3
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Issue common stock for $11,000.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[March 01,,,],[,,,],[,,,],[,,,],[,,,]]
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