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Transactions for the Olson Company for the month of October are presented below. Joumalize cach transaction and identify cach transaction by number. You may omit

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Transactions for the Olson Company for the month of October are presented below. Joumalize cach transaction and identify cach transaction by number. You may omit journal explanations 1. Stockholders invested an additional $36,000 cash in the business. 2. Purchased land costing 528,000 for cash. 3. Purchased equipment costing $8,000 for $4,000 cash and the remainder on credit. 4. Purchased supplies on account for $800. 5. Paid $1,000 for a one-year insurance policy. 6. Received $2,000 cash for services performed. 7. Received $4,000 for services previously performed on account. & Paid wages to employees for $2,500. 9. Paid dividends to stockholders of $400

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