Select one of the nine financial transactions of the medical practice of Bob Morin, P.C. Develop a

Question:

Select one of the nine financial transactions of the medical practice of Bob Morin, P.C. Develop a journal entry with date and explanation
Aug 6 Morin invested $39,000 in the business, which in turn issued its to him.
9 The business paid cash for land costing $29,000. Morin plans to build an office building on the land.
12 The business purchased medical supplies for $1,700 on account.
15 Bob Morin, P.C., officially opened for business.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...