solve all Bloomer Construction begins operations in March and has...
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Bloomer Construction begins operations in March and has the following transactions. March 1 Issue comton stock for $14,500. March 5 Obtain 37,700 loan from the bank by signing a note. Narch 10 purchase construction equipment for $18,509 cash. March 15 Purchase advertising for the current month for $1,100cash. March 22 Provide construction services for $16,700 on account. March 27 Receive $11,700 cash on account from March 22 services. March 28 Pay salaries for the current month of $4,700. Required: Record each transaction. Bloomer uses the following accounts: Cash, Accounts Receivable, Equipment, Notes Payable, Common Stock, Service Revenue, Advertising Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
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