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Business, 15.01.2020 06:31 sheccidmariscal9428
Green wave company plans to own and operate a storage rental facility. for the first month of operations, the company has the following transactions.1. issue 10,000 shares of common stock in exchange for $32,000 in cash.2. purchase land for $19,000. a note payable is signed for the full amount.3. purchase storage container equipment for $8,000 cash.4. hire three employees for $2,000 per month.5. receive cash of $12,000 in rental fees for the current month.6. purchase office supplies for $2,000 on account.7. pay employees $6,000 for the first month's salaries. required: record each transaction. green wave uses the following accounts: cash, supplies, land, equipment, common stock, accounts payable, notes payable, service revenue, and salaries expense. (leaveno cells blank. if no entry is required, select "no journal entry required" in the account fieldand zero (0) in the amount field. omit the "$" sign in your response.
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Green wave company plans to own and operate a storage rental facility. for the first month of operat...
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