Question: education.com o O Submit Chapter 2 Quirgo MO Save 2 O'Brien Construction had the flowing business actives 1. Stockholders invest $62.000 cash in the corporation
education.com o O Submit Chapter 2 Quirgo MO Save 2 O'Brien Construction had the flowing business actives 1. Stockholders invest $62.000 cash in the corporation 2. O'Brien purchased 5470 of office supplies on credit a Orien purchased office equipment for $2000, paying $4.800 in cash and signing a 30-day note payable for the remainder 4. O'Brien paid $235 cash on account for at supplies purchased in transaction 2 5 O'Brien purchased two acres of land for 521000signing a 2 year note payable 6. Orien sold one acre of land at one half of the total cost of the two acres, receiving the full amount or $10.500 in cash 2. O Brien made a payment of $40,500 on its 2- yernote Enco Required: Prepare journal entries for the above reaction of ne entry is required for a transaction event, select "No Journal Entry Required In the first account field) Det w E S D G B N M OFISI
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
