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Journalize Transactions Four transactions that occurred during June are listed below. June 1: Issued common stock to several investors for $80,100. June 8: Purchased equipment
Journalize Transactions
Four transactions that occurred during June are listed below.
- June 1: Issued common stock to several investors for $80,100.
- June 8: Purchased equipment for $13,300 cash.
- June 15: Made cash sales of $21,700 to customers.
- June 29: Paid a $6,600 dividend to stockholders.
Required:
Prepare journal entries for the transactions.
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