The following events pertain to Big Axe Corporation which owns several axe throwing venues:

a$.$ Received $$81,000$ cash from the issuance of common stock.

b$.$ Purchased land for $$45,500$ in cash.

c$.$ Purchased $$10,500$ of supplies on account.

d$.$ Collected $$12,700$ cash on accounts receivable.

Required:

Record each of the transactions in general journal form.

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

Journal entry worksheet

Record the issuance of common stock.

Note: Enter debits before credits.