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6 The following transactions occurred during the month of June 2021 for the Stridewell Corporation. The company owns and operates a retail shoe store. oints

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6 The following transactions occurred during the month of June 2021 for the Stridewell Corporation. The company owns and operates a retail shoe store. oints 8 01:44:00 1. Issued 135,000 shares of common stock in exchange for $675,000 cash. 2. Purchased office equipment at a cost of $110,000. $44,000 was paid in cash and a note payable was signed for the balance owed. 3. Purchased inventory on account at a cost of $270,000. The company uses the perpetual inventory system. 4. Credit sales for the month totaled $459,000. The cost of the goods sold was $229,500. 5. Paid $6.250 in rent on the store building for the month of June. 6. Paid $3.240 to an insurance company for fire and liability insurance for a one-year period beginning June 1, 2021. 7. Paid $195,075 on account for the merchandise purchased in 3. 8. Collected $91,800 from customers on account. 9. Pald shareholders a cash dividend of $6.750. 10. Recorded depreciation expense of $2.200 for the month on the office equipment. 11. Recorded the amount of prepaid insurance that expired for the month. eBook Hint Ask Print Required: Prepare journal entries to record each of the transactions and events listed above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet

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