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Journaize the OF STOCK win no par VO Journalize the following transactions in the space procvided, then post to the accounts. The first entry has

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Journaize the OF STOCK win no par VO Journalize the following transactions 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 "Chart of Accounts") Recording the sale of Capital Stock (no por value) 1) Record the sale of 1,000 shares at $12 per share (-$12,000) Debit Credit 12 000 Cash Common Stock 12.000 2) Record the sale of 1,000 shares at $50 per share ($50,000) Debit Cre 3) Record the sale of 1,000 shores at $100 per share ($100,000) Debit Credit Assets Liabilities Equity Revenue Expense Cash Accts Payable Sales Revenue Common Stock 12,000 Cost Of Goods Sold 12,000 Accts Receivable Wages Payable Retained Earnings Wages Expense Inventory UT Note Payable Dividends Rent Expense Capital Asset Income Summary Deprec Expense Acc Deprec

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