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Journalize the following transactions in the space provided, then post to the 'Taccounts. The first entry has been done for you. Record the next twp

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Journalize the following transactions in the space provided, then post to the 'Taccounts. The first entry has been done for you. Record the next twp entries and the post them using the same T accounts (Use the 'Taccounts below in place of a "Chart of Accounts") Recording the sale of Capital Stock (no par value) 1) Record the sale of 1,000 shares at $12 per share($12,000) Debit Credit 12 000 Cash Common Shock 12.000 2) Record the sale of 1000 shares at $50 per shore ($50,000) bebit Credit 3) Record the sale of 1000 shares of $100 per share ($100.000) Debit Credit Assets Liabilities Equity Revenue Expense Accts Payable Sales Revenue Cost Of Good Sold Common Stock 12 000 12 000 Acts Receivable Wages Payable Retained Fornings Woges Expense Dividends UT Note Payable Inventory Rent Eupene Incone Summy DeprecExpense Capital Asset Ace Depres No Part Part esc 909 80 53

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