Which of the following transactions require a journal entry?
Customers purchased $10,000 in merchandise on account. No cash was exchanged. | |
12 employees are hired to work the midnight shift. | |
Equipment was traded for similar equipment. No cash exchanged hands. | |
A sign was purchased for the front of the building, but the company didn't have the cash to pay for it immediately. | |
A truck is purchased for making deliveries. A $6,000 deposit was paid in cash and $30,000 promissory note was signed. | |
A 5 year lease is signed with the landlord | |
Rent is paid for the first month of operations. |