RECORD IN JOURNAL ENTRY FORM 1. Record the journal entry for paying off a supplier invoice...

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Accounting

RECORD IN JOURNAL ENTRY FORM
1. Record the journal entry for paying off a supplier invoice of$10,000 for raw materials on September 28th:
2. Record the journal entry for receive cash from a newshareholder who gave your company $300,000 in exchange for 3,000shares of common stock, where the current market price is $100 pershare.
3. Your company wants to expand your company to Seattle andlease office space downtown. You find an office building where youwant your office to be for new employees, the landlord makes youpay 1 year of rent in advance for discount pricing at total cost of$225,000 for the year. Record the journal entry on day 1 when yousign the lease on 1st of October and pay in cash for the new officein Seattle:

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All working forms part of the answer Journal Entries are provided on the basis of information and data provided Transaction 1 Two scenarios If invoice is paid on the same data material is purchased See Answer

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RECORD IN JOURNAL ENTRY FORM1. Record the journal entry for paying off a supplier invoice of$10,000 for raw materials on September 28th:2. Record the journal entry for receive cash from a newshareholder who gave your company $300,000 in exchange for 3,000shares of common stock, where the current market price is $100 pershare.3. Your company wants to expand your company to Seattle andlease office space downtown. You find an office building where youwant your office to be for new employees, the landlord makes youpay 1 year of rent in advance for discount pricing at total cost of$225,000 for the year. Record the journal entry on day 1 when yousign the lease on 1st of October and pay in cash for the new officein Seattle: