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Joumalize the sale of stock with no par value 1 of 1 ansactions in the space procvided, then post to the accounts. The first entry

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Joumalize the sale of stock with no par value 1 of 1 ansactions in the space procvided, then post to the accounts. The first entry has been done for you Record the next twp entries and the post them using the same accounts (Use the accounts below in place of a Chort of Accounts") Recording the sale of Capital Stock (no par value) 1) Record the sale of 1,000 shares at $12 per shore (-$12,000) Credit bebit Cash 12.000 Common Stock 12 000 2) Record the sale of 1,000 shares of $50 per share ($50,000) Debit Crede 3) Record the sale of 1,000 shares at $100 per share ($100.000) Debit Credit Assets Liabilities Equity Revenue Expense Acets Payable Sales Revenue Common Stock 12.000 Cost Of Goods Sold 12,000 Accts Receivable Woges Payable Retained Earnings Wages Expende Inventory L/T Note Payable Dividends Rent Ewe Capital Asset Income Sunnery DeprecExpense Ace Deprec 10/9/2020 Ch 13 Journal entries - sale of Par and No Par common stock No Part Journalize sale of stock with per value 1 of 1 wing transactions in the space precvided, then post to the Taccounts. The first entry has been done for you pentries and the post them using the same accounts (Use the accounts below in place of a'Chart of Accounts) Recording the sale of Capital Stock (par value = $10) 1) Record the sale of 1,000 shares at $12 per shore (=$12.000) Debit Credit 12 000 Cash Common Stock - Par Common Stack - Paid In Capital in Excess of Por 10 000 2000 2) Record the sale of 1,000 shares at $50 per share (-$50.000) Debit Crede 3) Record the sale of 1,000 shares at $100 per share ($100.000) Debit Credit Assets Liabilities Equity Revenue Expense Acets Payable Sales Re Cash 12 000 Common Stock (510 Por) 10 000 Cost Of Goods Sold Common Stock Paid In Capital In Excess of Par 2.000 Accts Receivable Wages Payable Retoined Earnings Wages Expense Inventory UT Note Payable Dividends Rent Expense Capital Asset Income Summary Depres Essense Ace Depec 10/9/2020 Ch 13 Journal entries of Par and No Par common stock Part

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