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a. Prepare journal entries for each of the trasactions 1 through 9. 1. Receive $20,000 cash in exchange for comion stock. General Journal 2. Purchase

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a. Prepare journal entries for each of the trasactions 1 through 9. 1. Receive $20,000 cash in exchange for comion stock. General Journal 2. Purchase $2,000 of itveritory on credil General Journal . Sell inventory for $3,000 on credi. General Journal 4 Record $2,000 far cas of innventory sold in 3 General Journal 5. Colleci $3,000 cash from transaction 3 General Journal 6. Acquire $5,000 of equipmern by signing a noke. General Journal 7. Pay wages of $1,000 in cash General Journal B. Pay $5,000 on a ote payable that came due General Journal 9. Pay $2,000cash dividend General Journal

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