Question: Questions: 1) Journal & Ledger Examples: (60 points) 1. Chip Company received 300.000 cash for common stock, on 01.11.2022. 2. Chip Company purchased a

Questions: 1) Journal & Ledger Examples: (60 points) 1. Chip Company received

Questions: 1) Journal & Ledger Examples: (60 points) 1. Chip Company received 300.000 cash for common stock, on 01.11.2022. 2. Chip Company purchased a building and paid 50.000 cash, on 05.11.2022. 3. Chip Company performed services for clients on account 25.000, on 07.11.2022. 4. Chip Company paid 2.500 cash for office rent.on 08.11.2022. 5. Chip Company paid cash 6.000 for employee salaries, on 09.11.2022. 6. Chip Company purchase a 30.000 land on account, on 15.11.2022. 7. Chip Company collected 17.000 cash from client in Transaction 3, on 20.11.2022. 8. Chip Company paid 8.000 cash for dividends, on 21.11.2022. I 9. Chip Company paid 15.000 for land from Transaction 6, on 29.11.2022. Please do journal and ledger records of Chip Company.

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