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Transactions for Amman Company for the month of April are presented below. April. 1 Issued ordinary shares in exchange for $100,000 cash. 2 Purchased land
Transactions for Amman Company for the month of April are presented below. April. 1 Issued ordinary shares in exchange for $100,000 cash. 2 Purchased land costing $38,000 for $30,000 cash and the remainder on credit. 3 Purchased equipment costing $8,000 for cash. 9 Purchased $750 of supplies on credit 10 The company provided $2,400 of servives on account. 11 Paid $2,000 cash for a one-year insurance policy. 12 Received $2,200 cash for services performed. 16 Received $2,400 for services previously performed on account. 20 Paid salaries to employees for $3,500. 30 The company paid dividends of $1,300. Instructions: 1- Journalize the above transactions using the general journal format provided below. 2- Post the transactions to general ledger (T accounts) provided below. 3- prepare a trial balance on the form provided below
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