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Recording Transactions

In the month of March, C. D. Goose, Inc. entered into the following transactions:

1. Bought a new building for $135,000 on March 2.

2. Issued common stock to investors in return for $5,000 on March 11.

3. Hired a new administrative assistant on March 13 for a $35,000 salary.

4. Received payment in the amount of $750 on March 19 for service billed last month.

5. Paid utilities of $860 for this month on March 28.

6. Paid dividends of $1,000 on March 31.

Required

Prepare all necessary journal entries for March (omitting the explanations).

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91885352

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