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The following events occurred for Mitka Ltd.: Received investment of $33,600 cash by organizers, Purchased land for $21,200; paid $7,600 in cash and signed a
The following events occurred for Mitka Ltd.: Received investment of $33,600 cash by organizers, Purchased land for $21,200; paid $7,600 in cash and signed a mortgage note with a local bank for the balance (due in five years). c Borrowed cash from a bank and signed a note for $12,600 d. Lent $1.900 to an employee who signed a note due in three months. e. Pald the bank the amount borrowed in (c) z Purchased $11,200 of equipment, paying $5,600 in cash and signing a note due to the manufacturer Required: Prepare journal entries for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Journal entry worksheet select "No jo View transaction list Journal entry worksheet
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