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Selected transactions for Riverbed Mill during its first month of operations are as follows: March 2 Issued common stock for $ 1 1 , 9
Selected transactions for Riverbed Mill during its first month of operations are as follows:
March Issued common stock for $ cash.
Purchased used car for $ cash and $ on account, for use in the business.
Bllled customers $ for services performed.
Pald $ cash to advertise business opening.
Recelved $ cash from customers billed on March
Pald amount owed for used car purchased on March
Recelved $ cash from a customer for services to be performed in April.
Declared and pald $ of dividends to stockhotders.
Journalize the transactions. If no entry is required, select No Entry" for the account titles and enter Ofor the amounts. Credit account titfes are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.
Date
Account Titles and Explanation
Debit
Credit
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