k Instructions On January 22, Zentric Corporation issued for cash 76,000 shares of no-par common stock at $15. On February 14, Zentric issued at par value 8,000 shares of preferred 6% stock $50 par for cash. On August 30, Zentric issued for cash 12,000 shares of preferred 6% stock, $50 par at $65. Joumalize the entries to record the January 22, February 14, and August 30 transactions Chart of Accounts CHART OF ACCOUNTS Zentric Corporation General Ledger ASSETS 110 Cash 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Inventory 145 Office Supplies 151 Prepaid Insurance 181 Land REVENUE 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 515 Credit Card Expense. 520 Salaries Expense 531 Advertising Expense 193 Equipment 532 Delivery Expense 194 Accumulated Depreciation-Equipment 533 Selling Expenses. Chart of Accounts 193 Equipment 532 Delivery Expense 194 Accumulated Depreciation-Equipment 533 Selling Expenses 534 Rent Expense LIABILITIES 210 Accounts Payable 221 Notes Payable 226 Interest Payable 231 Cash Dividends Payable 241 Salaries Payable 261 Mortgage Note Payable 535 Insurance Expense 536 Office Supplies Expense 537 Organizational Expenses 562 Depreciation Expense-Equipment 590 Miscellaneous Expense 710 Interest Expense EQUITY 236 Stock Dividends Distributable 311 Common Stock 313 Paid-In Capital in Excess of Stated Value-Common Stock 315 Treasury Stock Chart of Accounts 261 Mortgage Note Payable EQUITY 236 Stock Dividends Distributable 311 Common Stock 313 Paid-In Capital in Excess of Stated Value-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends General Journal Journalize the entries to record the January 22, February 14, and August 30 transactions General Journal Instructions DATE DESCRIPTION PAGE 10 JOURNAL ACCOUNTING EQUATION POST REF DEBIT CREDIT ASSETS LIABILITIES EQUITY