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  3. a. received $10,000 cash from owners and issued st

a. Received $10,000 cash from owners and issued stock to them. b. Borrowed $7,000 cash...

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Accounting

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a. Received $10,000 cash from owners and issued stock to them. b. Borrowed $7,000 cash from a bank and signed a note due later this year. c. Bought and recelved $800 of equipment on account. d. Purchased land for $12,000; paid $1,000 in cash and signed a long-term note for $11,000. e. Purchased $3,000 of equipment; paid $1,000 in cash and charged the rest on account. Required: For each of the above events, prepare journal entries, (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet

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