Saved Required information Exercise 2-19A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) [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 $26,000 in cash. 2. January 5 Purchase land for $16,000. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $7,400 cash. 4. January 12 Hire three employees for $1,400 per month. 5. January 18 Receive cash of $11,400 in rental fees for the current month. 6. January 23 Purchase office supplies for $1,400 on account. 7. January 31 Pay employees $4,200 for the first month's salaries. Exercise 2-19A Part 2 2. Post each transaction to T-accounts and calculate the ending balance for each account. For each posting, indicate the corresponding transaction number and the appropriate transaction amount. Since this is the first month of operations, all T-accounts have a beginning balance of zero. Cash Beg. bal. End. bal. Supplies Beg. bal. 7.400 (3) End. bal. Land Equipment Beg. bal Beg. bal. End. bal. End bal Common Stock Accounts Payable: Beg. bal Beg bal End. bal. End bal Required information 2. Post each transaction to T-accounts and calculate the ending balance for each account. For each posting, indicate the corresponding transaction number and the appropriate transaction amount. Since this is the first month of operations, all T-accounts have a beginning balance of zero. Cash Beg. bal. End. bal. Supplies Beg. bal. 7,400 (3) End. bal, Land Equipment Beg bal Beg. bal. End. bal. End. bal. Common Stock Accounts Payable Beg bal Beg. bal End. bal. End. bal. Notes Payable Service Revenue Beg. bal Beg bal End. bal Salaries Expense Beg. bal End. bal. End. bal