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Instructions On January 22, Zentric Corporation issued for cash 183,000 shares of no-par common stock at $50. On February 14, Zentric issued at par

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Instructions On January 22, Zentric Corporation issued for cash 183,000 shares of no-par common stock at $50. On February 14, Zentric issued at par value 1,000 shares of preferred 4% stock, $50 par for cash. On August 30, Zentric issued for cash 15,000 shares of preferred 4% stock, $50 par at $74. Journalize the entries to record the January 22, February 14, and August 30 transactions. es for issuing stock structions Chart of Accounts General Journal ructions art of Accounts CHART OF ACCOUNTS Zentric Corporation General Ledger ASSETS 110 Cash 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Inventory 145 Office Supplies REVENUE 410 Sales 610 Interest Revenue. EXPENSES 510 Cost of Goods Sold 515 Credit Card Expense Instructions Chart of Accounts General Journal Instructions Chart of Accounts 194 Accumulated Depreciation-Equipment LIABILITIES 210 Accounts Payable 221 Notes Payable 226 Interest Payable 231 Cash Dividends Payable 241 Salaries Payable 261 Mortgage Note Payable 533 Selling Expenses 534 Rent Expense 535 Insurance Expense 536 Office Supplies Expense 537 Organizational Expenses 562 Depreciation Expense-Equipment 590 Miscellaneous Expense 710 Interest Expense EQUITY 236 Stock Dividends Distributable 311 Common Stock 313 Paid-In Capital in Excess of Stated Value-Common Stock 315 Treasury Stock 321 Preferred Stock Instructions Chart of Accounts General Journal General Journal 1 7 JOURNAL ACCOUNTING & DATE DESCRIPTION POST REF DEBIT CREDIT ASSETS LIABILIT

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