1. Issued shares of common stock to investors in exchange for $100,000 in cash. select an option 2. Borrowed $45,000 by issuing bonds. select an option 3. Purchased delivery trucks for $60,000 cash. select an option 4. Received $16,000 from customers for services performed. select an option 5. Purchased supplies for $4,700 on account. select an option 6. Paid rent of $5,200. select an option 7. Performed services on account for $10,000. select an option 8. Paid salaries of $28,000. select an option 9. Paid a dividend of $11,000 to shareholders.

Respuesta :

Answer:Please refer to the explanation section

Explanation:

The question is incomplete. The were no requirements provided in the question . I will assume the question requires us to prepare journal entries for the transactions listed in the question

1.Dr Bank (Cash) 100 000

Cr      Shareholders Equity   100 000

2.Dr Bank     45000

   Cr         Bonds Long term liability 45000

   

3. Dr Delivery Truck   60 000

    Cr      Bank                       60 000

4.Dr Bank     16000

   Cr         Sales/Revenue   16000

5.Dr Consumables / Supplies 4700

  Cr        Trade Payable                      4700

6. Dr Rent Expense 5200

    Cr           Bank              5200

7.Dr. Account Receivables 10 000

Cr            Sales/ Revenue          10 000

8. Dr Salaries (expense)  28000

    Cr        Bank                         28000

Dr Dividends Paid  11000

Cr            Bank               11000

   

Q&A Education