Accounts Payable

Accounts Receivable

Accumulated Depreciation

Accumulated Depreciation-Buildings

Accumulated Depreciation-Equipment

Accumulated Other Comprehensive Loss

Allowance for Doubtful Accounts

Bad Debt Expense

Buildings

Cash

Cash Dividends

Common Dividends Payable

Common Stock

Common Stock Dividends Distributable

Cost of Goods Sold

Depreciation Expense

Dividends

Dividends Payable

Equipment

Gain on Sale of Stock

Income Summary

Income Tax Expense

Income Taxes Payable

Insurance Expense

Interest Expense

Interest Payable

Inventory

Land

Loss on Disposal of Plant Assets

No Entry

Notes Payable

Operating Expenses

Organization Expense

Other Operating Expenses

Paid-in Capital from Treasury Stock

Paid-in Capital in Excess of Par-Common Stock

Paid-in Capital in Excess of Par-Preferred Stock

Paid-in Capital in Excess of Stated Value-Common Stock

Patents

Preferred Dividends Payable

Preferred Stock

Prepaid Expenses

Prepaid Insurance

Professional Fees

Retained Earnings

Salaries and Wages Expense

Salaries and Wages Payable

Sales Revenue

Service Revenue

Stock Dividends

Supplies

Supplies Expense

Treasury Stock

Unearned Service Revenue

Utilities Expense

6 View Policies Current Attempt in Progress Ayayai Inc's $10 par value common stock is actively traded at a market price of $13 per share. Ayayai issues 4.000 shares to purchase land advertised for sale at $60,000. Journalize the issuance of the stock in acquiring the land. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts