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Stream Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions. January 1
Stream Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions.
January Issue shares of common stock in exchange for $ in cash.
January Purchase land for $ A note payable is signed for the full amount.
January Purchase storage container equipment for $ cash.
January Hire three employees for $ per month.
January Receive cash of $ in rental fees for the current month.
January Purchase office supplies for $ on account.
January Pay employees $ for the first month's salaries.
Requirement begintabularlll
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tableGeneralJournal &
tableGeneralLedger & Trial Balance
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endtabular
Prepare the journal entries for transactions. If no entry is required for a transactionevent select No Journal Entry Required" in first account field.
Journal entry worksheet
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