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HW #3 Questions 1.2 (of 19) The following information applies to the questions displayed below.) Green Wave Company plans to own and operate a storage

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HW #3 Questions 1.2 (of 19) The following information applies to the questions displayed below.) Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactie 1. January 1 Issue 10.000 shares of common stock in exchange for $26,000 in cash. 2. January 5 Purchase land for $16,000. A note payable is signed for the full amount 3. January 9 Purchase storage container equipment for $7.400 cash. 4. January 12 Hire three employees for $1.400 per month 5. January 18 Receive cash of $11.400 in rental fees for the current month 6. January 23 Purchase office supplies for $1,400 on account 7. January 31 Pay employees $4,200 for the first month's salaries 1. 0.78 points 2. Post each transaction to T-accounts and calculate the ending balance for each account Cash Supplies Beg, bal. 7,400 (3) LEIE End. bal. L UTILL Land Equipment Beg. bal. Beg, bal End, bal. End. bal Common Stock Accounts Payable Beg. bal. Beg. bal End. bal. End. bal Notes Payable Service Revenue Beg, bal. Beg, bal. End, bal. End Salaries Expense Bog. bal. End., bal

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