UNADJUSTED TRIAL BALANCE October 1, 20- DEBIT CREDIT ACCOUNT TITLE

3.867.500.00 Cash

852,000.00 Land

1.814.000.00 Buildings

All shares wehin each class of stock were sold at the same price. The profened stock was issued in exchange for the land and bulidings. Required: Joumalize the two entpes to record the fransactions summarized in the trial balance. Rofer to the chart of accounts for the exact wording of the account tites. CNOWjournats do not use ines for joumat explanations. Every line on a joumal parge is used for debut or crecit enthes. CNOW Journais ivil automaticalik indent a credt entov when a cledit amount is entered