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Create a genral journal and balance sheet! 1 . Issued 6 , 0 0 0 shares of $ 1 par common stock for $ 5

Create a genral journal and balance sheet! 1. Issued 6,000 shares of $1 par common stock for $52,000 cash. Record the transaction.2. Collected $3,000 from customers on account. Record the transaction.3. Reacquired 3,020 shares of $1 par common stock into treasury for $33,220 cash. Record the transaction.4. Reissued 2,020 shares of treasury stock for $24,220 cash. Record the transaction.5. Reissued 600 shares of treasury stock for $4,600 cash. Record the transaction.6. Declared (but did not yet pay) a $1 cash dividend on each outstanding share of common stock. Record the transaction.7. Issued 100,10-year, $1,020 bonds, at a quoted bond price of 101. Record the transaction.8. Wrote off a $1,500 balance due from a customer who went bankrupt. Record the transaction.9. Recorded $232,000 of service revenue, all of which was collected in cash. Record the transaction.10. Paid $202,000 cash for this years wages through December 31. Ignore payroll taxes and payroll deductions. Record the transaction.11. Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustments for interest and income taxes.) Record the transaction.12. Prepare a closing journal entry for the income statement accounts, assuming the events on December 2931 were the only transactions to affect income statement accounts. Record the transaction.13. Prepare the closing entry for Dividends. Record the transaction.
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