American Laser, Inc., reported the following account balances on January 1.

Accounts Receivable	$	5,000
Accumulated Depreciation		30,000
Additional Paid-in Capital		90,000
Allowance for Doubtful Accounts		2,000
Bonds Payable		0
Buildings		247,000
Cash		10,000
Common Stock, 10,000 shares of $1 par		10,000
Notes Payable (long-term)		10,000
Retained Earnings		120,000
Treasury Stock		0

The company entered into the following transactions during the year.

Jan.	15		Issued 5,000 shares of $1 par common stock for $50,000 cash.
Feb.	15		Reacquired 3,000 shares of $1 par common stock into treasury for $33,000 cash.
Mar.	15		Reissued 2,000 shares of treasury stock for $24,000 cash.
Aug.	15		Reissued 600 shares of treasury stock for $4,600 cash.
Sept.	15		Declared (but did not yet pay) a $1 cash dividend on each outstanding share of common stock.
Oct.	1		Issued 100, 10-year, $1,000 bonds, at a quoted bond price of 101.
Oct.	3		Wrote off a $500 balance due from a customer who went bankrupt Required: Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial Balance tabs.