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id the unlimited personal liability of the partnership form of business, so they incorporated as Whitewater completed the following transactions: Record debits first, then credits. Exclude explanations from any journal entries.) ier for assistance with issuance of the common stock. The promotional fee was $16,200. Debit Organization More info \begin{tabular}{ll} \hline Jan 6 & Issued 600 shares of common stock to the promoter for assistance with issuance of the \\ & common stock. The promotional fee was $16,200. Debit Organization Expense. \\ Jan 9 & Issued 6,000 shares of common stock to Patricia Penny and 13,000 shares to \\ Wendy Whitewater in return for cash equal to the stock's market value of $10 per share. \\ The two women were partners in Whitewater Rafts Co. \\ Jan 26 & Issued 1,300 shares of common stock for $10 cash per share. \end{tabular} cash per share. (Record debits first, then credits. Exclude explanations from any journal entries.) oter for assistance with issuance of the common stock. The promotional fee was $16,200. Debit Organizatio Entry Requirements 1. Record the transactions in the journal. 2. Prepare the stockholders' equity section of the Whitewater Rafts, Inc., balance sheet at January 31,2022 . The ending balance of Retained Earnings is $80,000. 0 cash per share (b) Regulrement 1. Record the transactions in the foumal. (Recond dobits lirst, then credits. Exclude explanalions from any jouenal entifies) Jan 5: Lasued 600 shares of commen stock to the promoter for assistance with lssuance of the common stock. The promotional fee was $16.200. Dobit Organization Expense. common stock in ta frit month, Whitewater Rate, inc, comgleted the following tremactions 3) (Cird the icon ty view the tiensacfiens) tas the cerithinatit tequirement 2. Prepare the stockholders' equity section of the Whitewater Rafts, Inc, balance sheet at January 31 , 2022. T heet.) common stock for $10 cash per share. 31, 2022. The ending balance of Retained Eamings is $80,00 The endin rvyunement 2. Frepare the stockholders' equity section of the Whitewater Rafts, Inc, balance sheet at January 31, 2022. The endi sheet.) id the unlimited personal liability of the partnership form of business, so they incorporated as Whitewater completed the following transactions: Record debits first, then credits. Exclude explanations from any journal entries.) er for assistance with issuance of the common stock. The promotional fee was $16,200. Debit Organization More info \begin{tabular}{ll} \hline Jan 6 & Issued 600 shares of common stock to the promoter for assistance with issuance of the \\ & common stock. The promotional fee was $16,200. Debit Organization Expense. \\ Jan 9 & Issued 6,000 shares of common stock to Patricia Penny and 13,000 shares to \\ Wendy Whitewater in return for cash equal to the stock's market value of $10 per share. \\ The two women were partners in Whitewater Rafts Co. \\ Jan 26 & Issued 1,300 shares of common stock for $10 cash per share. \end{tabular} cash per share