Saved Help Save & Exit Submit apter #2 Check my work O Required information [The following information applies to the questions displayed below) Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions 1. January 1 Issue 10,000 shares of common stock in exchange for $26,000 in cash. 2. January 5 Purchase land for $16,000. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $7,400 cash. 4. January 12 Hire three employees for $1,400 per month. 5. January 18 Receive cash of $11,400 in rental fees for the current month. 6. January 23 Purchase office supplies for $1,400 on account. 7. January 31 Pay employees $4,200 for the first month's salaries. 3. Prepare a trial balance. Credit GREEN WAVE COMPANY Trial Balance Accounts Debit Cash Supplies Land Equipment Accounts Payable Notes Payable Common Stock Service Revenue Salaries Expense Totals $ 0 $ 0 Prey 10 of 15 Next >