Record the general journal entries for the following transactions for Stein Corporation for 2013.
1) Performed services for $26,000 cash.
2) Purchased $800 of office supplies on account.
3) Purchased land for $95,000 cash.
4) Paid salary expense of $16,500.
5) Paid for $600 of the supplies purchased in event 2.
6) Collected $15,000 in advance for services to be provided over the next 12 months.
7) Recognized $10,000 of revenue on the contract from event 6.
8) Accrued $5,500 of salary expense.

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The Answer of Record the general journal entries for the following transactions for Stein Corporation for 2013.
1) Performed services for $26,000 cash.
2) Purchased $800 of office supplies on account.
3) Purchased land for $95,000 cash.
4) Paid salary expense of $16,500.
5) Paid for $600 of the supplies purchased in event 2.
6) Collected $15,000 in advance for services to be provided over the next 12 months.
7) Recognized $10,000 of revenue on the contract from event 6.
8) Accrued $5,500 of salary expense.

Record the General Journal Entries for the Following Transactions for Stein