answer all parts please 40. Transactions for Tom Petty Company for the...
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answer all parts please
40. Transactions for Tom Petty Company for the month of October are presented below. Journalize each transaction and identify each transaction by number. You may omit journal explanations. 1. Invested $20,000 cash in the business in exchange for stock. 2. Purchased land costing $14,000 for cash. 3. Purchased equipment costing $10,000 for $2,000 cash and the remainder on credit. 4. Purchased supplies on account for $400. 5. Paid $1,200 for a one-year insurance policy. 6. Received $2,000 cash for services performed. 7. Received $1,000 for services previously performed on account. 8. Paid wages to employees for $2,000. 9. Paid dividends of $1,000
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