The following events occurred for Johnson Company:

a$.$ Received investment of cash by organizers and distributed to them $1,000$ shares of $$1$ par value common stock with a market price of $$40$ per share.

b$.$ Leased $$15,000$ of equipment, paying $$3,000$ in cash and signing a long$-$term right$-$of$-$use lease for the rest owed.

c$.$ Borrowed $$10,000$ cash from a bank.

d$.$ Loaned $$800$ to an employee who signed a note due in six months.

e$.$ Purchased $$13,000$ of land; paid $$4,000$ in cash and signed a note for the balance.

Required:

Prepare journal entries for the above transactions.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

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Record the receipt of cash and the distribution of $1,000$ shares of $$1$ par value common stock with a market price of $$40$ per share.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$.,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$