Provide an example of each title here and then record the journal entries. Following the first given
1-Providing consulting services receiving cash.
Ali company provides consulting service and receives 1,000 cash.
Consulting Revenue. 1,000
2-Issuing common stocks receiving cash.
3-Purchasing land for cash.
4-Purchasing supplies on credit.
5-Borrowing money from a bank.
6-Paying employees their salaries