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also prepare a journel entries Provide journal entries to record each of the following transactions. For each, identify whether the transaction represents a source of

also prepare a journel entries
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Provide journal entries to record each of the following transactions. For each, identify whether the transaction represents a source of cash (S), a use of cash (U), or neither (N). A. One June 2, declared and paid to shareholders, a dividend of $24,000. B. On June 18, issued common stock at par value for $12,000cash. C. On July 2, sold a tract of land that had cost $10,000, for $16,000. D. On July 16, purchased a company truck, with a note payable of $38,000. E. On July 27, collected $8,000 from customer accounts receivable

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