In the month of March, E. F. Moose Corp. entered into the following transactions
Question # 00182114
Posted By:
Updated on: 01/28/2016 08:25 PM Due on: 02/27/2016
In the month of March, E. F. Moose Corp. entered into the following transactions:
| Mar. 2 | Bought a new building for $135,000 |
| Mar. 3 | Paid February utility bill of $840. |
| Mar. 11 | Issued common stock to investors in return for $4,100. |
| Mar. 13 | Hired a new administrative assistant for a $34,400 salary. |
| Mar. 19 | Received payment in the amount of $850 for service billed in February. |
| Mar. 31 | Paid dividends of $1,000. |
Required:
Prepare all necessary journal entries for March (omitting the explanations). If no entry is required, select "No entry required" and leave the amount boxes blank.
|
-
Rating:
/5
Solution: In the month of March, E. F. Moose Corp. entered into the following transactions