Transactions for the Hartman Company for the Month of November

question 279

Essay

Transactions for the Hartman Company for the month of November are presented below. Journalize each transaction and identify each transaction by number. You may omit journal explanations.
1. Stockholders invested an additional $40,000 cash in the business.
2. Purchased land costing $18,000 for cash.
3. Purchased equipment costing $45,000 for $4,500 cash and the remainder on credit.
4. Purchased supplies on account for $800.
5. Paid $3,000 for a one-year insurance policy.
6. Received $2,000 cash for services performed.
7. Received $5,000 for services previously performed on account.
8. Paid wages to employees for $2,500.
9. Paid dividends to stockholders of $400.

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Definitions:

Cognitive-Behavioral

Pertaining to a therapeutic approach that focuses on changing negative thoughts and behaviors to improve mental health.

Biochemical Explanations

Theories suggesting that psychological conditions and behaviors are influenced by biochemical processes and imbalances in the body.

Bipolar Disorder

A psychiatric disorder marked by severe fluctuations in mood, ranging from manic or hypomanic highs to depressive lows.

Ion Activity

The measure of the effective concentration of ions in a solution, affecting the chemical reactivity and interactions among ions in biological and chemical systems.