Question: Refer to the question below. Write the journal entry for each transaction, (a) through (m). Include + or - and the account classification in parentheses.
Refer to the question below. Write the journal entry for each transaction, (a) through (m). Include + or - and the account classification in parentheses. Some events do not result in a recorded transaction.

The following are independent situations. a. A new company is formed and sells 100 shares of$1 par value stock for $12 per share to investors. I). A company purchases for $13000 cash a new delivery truck that has a list, or sticker, price of $21000. r. A women's clothing retailer orders 30 new display stands for $300 each for future delivery. 0'. A company orders and receives 10 personal computers for ofce use for which it signs a note promising to pay $25,000 within three months. 9. A construction company signs a contract to build a new $500,000 warehouse for a corporate customer. At the signing, the corporation writes a check for $50,000 to the construction company as the initial payment for the construction {receiving construction in progress). Answer from the standpoint of the corporation (not the construction company). I A publishing rm purchases for $40,000 cash the copyright {an intangible asset) to a manuscript for an introductory accounting text. g. A manufacturing rm declares a $100,000 cash dividend to be distributed to stockholders next period. It. A company purchases a piece ofland for $50000 cash. An appraiser for the buyer values the land at $52.500. i. A manufacturing company acquires the patent (an intangible asset} on a new digital satellite system for television reception, paying $500000 cash and signing a $400000 note payable due in one year. _,:'. A local company is a sole proprietorship (one owner): its owner buys a car for $10,000 for personal use. Answer from the local company's point of view. It. A company purchases 100 shares oprple Inc. common stock as an investment for $5,000 cash. 1. A company borrows $1,000 from a local bank and signs a sixmonth note for the loan. in. A company pays $1.500 principal on its note payable (ignore interest)
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