JOURNALIZE TRANSACTIONS Four transactions are listed below. a. Issued common stock to several investors for $71,000 b.

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JOURNALIZE TRANSACTIONS Four transactions are listed below.

a. Issued common stock to several investors for $71,000

b. Purchased equipment for $7,800 cash

c. Made cash sales of $12,400 to customers

d. Issued a $3,200 dividend to stockholders Required:

Prepare journal entries for the transactions.

Cornerstone Exercise

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Cornerstones Of Financial Accounting Current Trends Update

ISBN: 9781111527952

1st Edition

Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen

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