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Business, 14.02.2020 21:39 golfthrash

Novak Corp. provides security services. Selected transactions for Novak Corp. are presented below. Oct. 1 Issued common stock in exchange for $62,000 cash from investors. 2 Hired part-time security consultant. Salary will be $1,900 per month. First day of work will be October 15.4 Paid 1 month of rent for building for $2,100.7 Purchased equipment for $19,100, paying $4,200 cash and the balance on account.8 Paid $500 for advertising.10 Received bill for equipment repair cost of $410.12 Provided security services for event for $3,400 on account.16 Purchased supplies for $430 on account.21 Paid balance due from October 7 purchase of equipment.24 Received and paid utility bill for $157.27 Received payment from customer for October 12 services performed.31 Paid employee salaries and wages of $5,400.a) Journalize the transactions.

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