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Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts Bad Debt Expense Buildings Cash Cash Dividends Common Stock Common Stock Dividends Distributable Depreciation Expense

  • Accounts Payable
  • Accounts Receivable
  • Accumulated Depreciation-Buildings
  • Allowance for Doubtful Accounts
  • Bad Debt Expense
  • Buildings
  • Cash
  • Cash Dividends
  • Common Stock
  • Common Stock Dividends Distributable
  • Depreciation Expense
  • Dividends Payable
  • Income Summary
  • Income Tax Expense
  • Income Taxes Payable
  • Land
  • No Entry
  • Other Operating Expenses
  • Paid-in Capital in Excess of Par Value-Common Stock
  • Paid-in Capital in Excess of Par Value-Preferred Stock
  • Paid-in Capital in Excess of Stated Value-Common Stock
  • Preferred Stock
  • Retained Earnings
  • Service Revenue
  • Stock Dividends
  • Supplies
  • Supplies Expense
  • Treasury Stock
  • Unearned Service Revenue
  • PLEASE USE ABOVE OPTIONSimage text in transcribed

image text in transcribed

On January 1, 2020, Tamarisk, Inc. issued 18,000 shares of $2 par value common stock for $160,000. On March 1, 2020, the company purchased 4,700 shares of its common stock for $16 per share for the treasury. Journalize the stock transactions of Tamarisk, Inc. in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit On January 1, 2020, Tamarisk, Inc. issued 18,000 shares of $2 par value common stock for $160,000. On March 1, 2020, the company purchased 4,700 shares of its common stock for $16 per share for the treasury. Journalize the stock transactions of Tamarisk, Inc. in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit

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