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3 Prepare journal entries for each transaction listed below. (If no entry is required for a transaction/event, select No journal entry required in the first

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3 Prepare journal entries for each transaction listed below. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) a. Sales on account were $660 and related cost of goods sold was $380. b. Issued 5,000 shares of $1 par value stock for $55,000 cash. View transaction list Book Journal entry worksheet Print 2 3 Record the sales on account of $660. eferences Note: Enter debits before credits. General Journal Debit Transaction Credit clear entry View general Journal Record entry . Nort Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. (Input all amounts as positive values.) Case E Case A $ 910 Case B $ 870 Case C Case D $ 5301 Sales revenue 320 640 Cost of goods sold Gross margin 4301 Selling expense 390 Administrative expense 0 Pretax income Income tax expense 35 30 55 Net income 1201 0 0 rences

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