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Ch 2: The Acct Cycle 6 10 Part 3 of 3 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 8.33 Doints Sipped 1. January 1 Issue 10,000 shares of common stock in exchange for $43,000 in cash 2. January 5 Purchase land for $24,000. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $9,000 cash 4. January 12 Hire three employees for $3,000 per month 5. January 18 Receive cash of $13,000 in rental fees for the current month. 6. January 23 Purchase office supplies for $3,600 on account. 7. January 31 Pynployees $9.000 for the first sonth's salaries 600 HE 3. Prepare a trial balance Credit GREEN WAVE COMPANY Trial Balance ncounts Debit Cool Supplies Land 10 6. January 23 Purchase office supplies for $3,600 on account. 7. January 31 Pay enployees $9,000 for the first month's salaries. Part 3 of 3 3. Prepare a trial balance. 8.33 points Credit Sped GREEN WAVE COMPANY Trial Balance Accounts Debit Cash Supplies Land Equipment Accounts Payable Notes Payable Common Stock Service Revenue Salaries Expense Totals $ 0 $ eBook Hint A Peint 0 References

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