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Save Homework: Chapter 2 part B homework Score: 0 of 1 pt 2 of 9 (0 complete) E2-18 (similar to) HW Score: 0%, 0 of 9 pts Question Help The following transactions occurred for Webb Technology Solutions: (Click the icon to view the transactions.) Read the requirement (Record debits first, then credits Select the explanation on the last line of the journal entry table.) May 1: The business received cash of $120,000 and issued common stock to Zachary Webb Date Accounts and Explanation Debit Credit May 1 Choose from any list or enter any number in the input fields and then click Check Answer 10 parts U remaining Clear All Check Answer i More Info May 1 The business received cash of $120,000 and issued common stock to Zachary Webb. 2 Purchased office supplies on account, $450. 4 Paid $55,000 cash for building and land. The building had a fair market value of $43,000. 6 Performed services for customers and received cash. $3,000. 9 Paid $150 on accounts payable. 17 Performed services for customers on account, $2.100. 19 Paid rent expense for the month. $1,100. 20 Received $2,100 from customers for services to be performed next month. 21 Paid $1,000 for advertising in next month's IT Technology magazine. 23 Received $1.900 cash on account from a customer 31 Incurred and paid salaries, $1,900. Print Done A Requirement Journalize the transactions of Webb Technology Solutions. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Prepaid Advertising Building, Land: Accounts Payable: Unearned Revenue; Common Stock, Service Revenue; Rent Expense; and Salaries Expense. Print Done

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