Instructions Chart of Accounts General Journal Instructions Issued 1,000 shares of $10 par common stock at $56. b. Issued 1,400 shares of 10 par common stock in exchange for equipment with a fair market price of $21,000. 6. Purchased 100 shares of treasury stock at $25. d. Sold the 100 shares of treasury stock purchased in (c) at $30. Required: Prepare entries to record the above transactions. Refer to the Chart of Accounts for exact wording of account titles Chart of Accounts CHART OF ACCOUNTS General Ledger ASSETS 110 Cash REVENUE 410 Sales 610 Interest Revenue 120 Accounts Receivable PAGE JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTRE DERIT CREDIT ASSETS LIABILITIES 1 EQUITY 2 3 5 10 11