Question

please solve the 7 requied

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. 1. January 1 Issue 10,000 shares of common stock in exchange for $39,000 in cash. 2. January 5 Purchase land for $22,500. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $8,700 cash. 4. January 12 Hire three employees for $2,700 per month. 5. January 18 Receive cash of $12,700 in rental fees for the current month. 6. January 23 Purchase office supplies for $2,700 on account. 7. January 31 Pay employees $8,100 for the first month's salaries. Required: 1. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in th account field.)

Answer 1

	General Journal	Debit	Credit
January 01	Cash	39000
	Common stock		39000
January 05	Land	22500
	Notes payable		22500
January 09	Equipment	8700
	Cash		8700
January 12	No journal entry required
January 18	Cash	12700
	Service revenue		12700
January 23	Supplies	2700
	Accounts payable		2700
January 31	Salaries expense	8100
	Cash		8100