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J&s Trucking - (ALL ENTRIES FOR J&S ONLY) KEY for Accounting Component Assets = A Journal Entry = JE Liabilities L Stockholders' Equity = SE

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J&s Trucking - (ALL ENTRIES FOR J&S ONLY) KEY for Accounting Component Assets = A Journal Entry = JE Liabilities L Stockholders' Equity = SE Accounting Component Account Debit (DR) Credit (CR) On April 15th, 2019J&s authorized 375,000 shares at $4 par value. On June 15, 2019,J&S issued 200,000 shares at $5.50 per share. Do a Je to record the sale? On July 4th 2019,J&s issued 175,000 shares at $5.75 per share. Do a JE to record the sale? On April 7th, 2020 J&s purchased from its stockholders 3,500 shares of its own previously issued stock for $28,000. Record a Je recognizing the buyback? On August 24th, 2020 J&s resold 2,000 shares of the 3,500 buyback) for $10 per share. Record a JE recognizing the sale

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