Business
Business, 07.11.2019 21:31, 20011854

Business transactions completed by hannah venedict during the month of september are as follows. a. venedict invested $84,000 cash along with office equipment valued at $23,000 in exchange for common stock of a new company named hv consulting. b. the company purchased land valued at $35,000 and a building valued at $170,000. the purchase is paid with $35,000 cash and a long-term note payable for $170,000.c. the company purchased $1,700 of office supplies on credit. d. venedict invested her personal automobile in the company in exchange for more common stock. the automobile has a value of $16,200 and is to be used exclusively in the business. e. the company purchased $5,400 of additional office equipment on credit. f. the company paid $1,900 cash salary to an assistant. g. the company provided services to a client and collected $7,000 cash. h. the company paid $645 cash for this month's utilities. i. the company paid $1,700 cash to settle the account payable created in transaction c. j. the company purchased $20,300 of new office equipment by paying $20,300 cash. k. the company completed $6,750 of services for a client, who must pay within 30 days. l. the company paid $1,800 cash salary to an assistant. m. the company received $4,000 cash in partial payment on the receivable created in transaction k. n. the company paid $2,600 cash in dividends. required: 1. prepare general journal entries to record these transactions.

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