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Jan 26: Issued 700 shares of common stock for $10 cash per share. More info issue 180,000 shares of $5 par common stock. In its

Jan 26: Issued 700 shares of common stock for $10

cash per share.

image text in transcribedimage text in transcribedimage text in transcribed

More info issue 180,000 shares of $5 par common stock. In its first month, Roberts Rafts, Inc., completed the following transactions: (Click the icon to view the transactions.) Jan 28: Issued 700 shares of common stock for $10 cash per share. equity section of the balance sheet.) Requirements 1. Record the transactions in the journal. 2. Prepare the stockholders' equity section of the Roberts Rafts, Inc., balance sheet at January 31 . 2022. The ending balance of Retained Earnings is \$70,000

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