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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 Issue common stock for $
March Obtain $ loan from the bank by signing a note.
March Purchase construction equipment for $ cash.
March Purchase advertising for the current month for $ cash.
March Provide construction services for $ on account.
March Receive $ cash on account from March services.
March Pay salaries for the current month of $
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 transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Issue common stock for $
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditMarch
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