Problem 2-6A_ HV CONSULTING

Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested 60,000 cash along with office equipment valued at 25,000 in exchange for common stock of a new company named HV Consulting. b. The company purchased land valued at 40,000 and a building valued at 160,000. The purchase is paid with 30,000 cash and a long-term note payable for 170,000. c. The company purchased 2,000 of office supplies on credit. d. Venedict invested her personal automobile in the company in exchange for more common stock. The automobile has a value of 16,500 and is to be used exclusively in the business. e. The company purchased 5,600 of additional office equipment on credit. f. The company paid 1,800 cash salary...