In the journal provided,prepare journal entries without explanations for the following transactions.Write "no entry" if none is needed.
a. Received a $1,500 invoice for this month's rent. Payment will not be made right away.
b. Paid $1,600 for insurance premiums to cover the next six months.
c. A $350 dividend is declared and paid.
d. The rent of a is paid.
e. Purchased land for $60,000. The company paid half in cash and issued a promissory note for the other half.

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The Answer of In the journal provided,prepare journal entries without explanations for the following transactions.Write "no entry" if none is needed.
a. Received a $1,500 invoice for this month's rent. Payment will not be made right away.
b. Paid $1,600 for insurance premiums to cover the next six months.
c. A $350 dividend is declared and paid.
d. The rent of a is paid.
e. Purchased land for $60,000. The company paid half in cash and issued a promissory note for the other half.

In the Journal Provided,prepare Journal Entries Without Explanations for the Following