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The following events pertain to Big Axe Corporation which owns several axe throwing venues: a . Received $ 8 1 , 0 0 0 cash
The following events pertain to Big Axe Corporation which owns several axe throwing venues:
a Received $ cash from the issuance of common stock.
b Purchased land for $ in cash.
c Purchased $ of supplies on account.
d Collected $ cash on accounts receivable.
Required:
Record each of the transactions in general journal form.
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field.
Journal entry worksheet
Record the issuance of common stock.
Note: Enter debits before credits.
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