Journal entriesrecord each of the following transactions in

Reference no: EM13587666

Journal entries.Record each of the following transactions in general journal format. a)Issued 50,000 shares of $1 par capital stock for $35 each, b)Billed customers for services provided,$10,000.,c) Purchased supplies on account,$3,000, d) Paid monthly utility bill,$1,500,e)Verified 20 percent increase in market price of stock, f) Paid wages for the current month, $6,000, g) Purchased equipment with a list price of $50,000 by making a 20 percent down payment and finaning the remainder with a six-month note payable, h) Collected cash from customers,$5,000, i) Paid venders, $1,400, j)Recorded one month's accrued interest on notes ?

Reference no: EM13587666

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