Business, 17.06.2020 17:57 momof7hardings

Bearcat Construction begins operations in March and has the following transactions. March 1 Issue common stock for $13,500.
March 5 Obtain $7,500 loan from the bank by signing a note.
March 10 Purchase construction equipment for $17,500 cash.
March 15 Paid for advertising for the current month for $1,000 cash.
March 22 Provide construction services for $16,500 on account.
March 27 Receive $11,500 cash on account from March 22 services.
March 28 Pay salaries for the current month of $4,500.

Required:
Record each transaction. Bearcat uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense.

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Bearcat Construction begins operations in March and has the following transactions. March 1 Issue c...

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