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Jones Junkyard Corp. had the following transactions for this year. Prepare journal entries for each transaction and post the transactions to the provided ledger

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Jones Junkyard Corp. had the following transactions for this year. Prepare journal entries for each transaction and post the transactions to the provided ledger cards as you go along. Note: You will not be posting the complete entries post to only the accounts listed in the ledger cards. a. On Jan 1, Jones Junkyard issued 5,000 shares of $3 par common stock for $18,000. b. On March 15, Jones Junkyard purchased 2,000 shares of their own stock on the open market for $12 cash per share. c. On July 10, Jones Junkyard re-issued 1,500 shares of treasury stock for $15 per share. d. On October 31, Jones Junkyard re-issued 500 shares of treasury stock for $11 per share. Journal entries: Datel Jan 1 Mar 15 July 10 Description: Debit Credit

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