These are the options for the General Journal:

No Journal Entry Required

Accounts Payable

Accounts Receivable

Accumulated Amortization

Accumulated Depreciation?Buildings

Accumulated Depreciation?Equipment

Accumulated Depreciation?Vehicles

Advertising Expense

Amortization Expense

Bad Debt Expense

Buildings

Cash

Common Stock

Copyrights

Cost of Goods Sold

Delivery Expense

Depreciation Expense

Dividends

Dividends Payable

Donation Revenue

Equipment

Franchise Rights

Goodwill

Income Tax Expense

Income Tax Payable

Insurance Expense

Interest Expense

Interest Payable

Interest Receivable

Interest Revenue

Inventory

Land

Legal Expense

Licensing Rights

Logo and Trademarks

Notes Payable (long-term)

Notes Payable (short-term)

Notes Receivable (long-term)

Notes Receivable (short-term)

Office Expenses

Patents

Prepaid Advertising

Prepaid Insurance

Prepaid Rent

Rent Expense

Rent Revenue

Repairs and Maintenance Expense

Retained Earnings

Salaries and Wages Expense

Salaries and Wages Payable

Sales Revenue

Service Revenue

Short-term Investments

Software

Subscription Revenue

Supplies

Supplies Expense

Travel Expense

Unearned Revenue

Utilities Expense

Vehicles

J.K. Builders was incorporated on July 1 a. Received $77,000 cash invested by owners and issued common stock. b. Bought an unused field from a local farmer by paying $67,000 cash. As a construction site for smaller projects, it is estimated to be worth $72,000 to J.K. Builders. c. Alumber supplier delivered lumber supplies to J.K. Builders for future use. The lumber supplies would have normally sold for $17,000, but the supplier gave J.K. Builders a 10 percent discount. J.K. Builders has not yet received the $15,300 bill from the supplier d. Borrowed $32,000 from the bank with a plan to use the funds to build a small workshop in August. The loan must be repaid in two years. e. One of the owners sold $17,000 worth of his common stock to another shareholder for $18,000. Prepare journal entries for the above transactions from the first month of business. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)