Business, 06.05.2020 03:34, lizbeth232001
Bearcat Construction begins operations in March and has the following transactions. March 1 Issue common stock for $18,000.March 5 Obtain $8,400 loan from the bank by signing a note. March 10 Purchase construction equipment for $22,000 cash. March 15 Purchase advertising for the current month for $1,100 cash. March 22 Provide construction services for $17,400 on account. March 27 Receive $12,400 cash on account from March 22 services. March 28 Pay salaries for the current month of $5,400.Required:.Record each transaction. Bearcat uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense.
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Bearcat Construction begins operations in March and has the following transactions. March 1 Issue co...
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