Question: * need journal entry for EACH transaction listed March 1 Issue common stock in exchange for cash of $2,100. March 3 Purchase sewing equipment by

* need journal entry for EACH transaction listed  * need journal entry for EACH transaction listed March 1 Issue
common stock in exchange for cash of $2,100. March 3 Purchase sewing

March 1 Issue common stock in exchange for cash of $2,100. March 3 Purchase sewing equipment by signing a note with the local bank, $1,800 March 5 Pay rent of $510 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Baste estimates that the alterations will cost Martha \$710. Martha is not required to pay for the alterations until the work is complete March 12 Purchase sewing supplies for $121 on account. This material will be used to provide services to customers March 15 Baste delivers altered dresses to Martha and receives $710. March 19 Baste agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Baste receives $610 from Bob and promises the suits to be completed by March 25. March 25 Baste delivers 10 altered business suits to Bob. March 30 Pay utilities of $86 for the current period. March 31 Pay dividends of $105 to stockholders. Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entrv worksheet Note: Enter debits before credits. March 1 Issue common stock in exchange for cash of $2,100. March 3 Purchase sewing equipment by signing a note with the local bank, $1,800. March S Pay rent of $510 for March. March 7 Martha, a customer, places an order for alterations to several dresses. Baste estimates that the alterations will cost Martha \$710. Martha is not required to pay for the alterations until the work is complete. March 12 Purchase sewing supplies for $121 on account. This material will be used to provide services to customers. March 15 Baste delivers altered dresses to Martha and receives $710 March 19 Baste agrees to alter 10 business suits for Bob, who has lost a significant amount of weight recently. Baste receives $610 from Bob and promises the suits to be completed by March 25 . March 25 Baste delivers 10 altered business suits to Bob March 30 Pay utilities of $86 for the current period March 31 Pay dividends of $i05 to stockholders

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