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PA14. LO 3.5 Prepare journal entries to record the following transactions. Create a T-account for Cash, post any entries that affect the account, and calculate
PA14. LO 3.5 Prepare journal entries to record the following transactions. Create a T-account for Cash, post any entries that affect the account, and calculate the ending balance for the account. Assume a Cash beginning balance of $16,333. A. February 2, issued stock to shareholders, for cash, $25,000 B. March 10, paid cash to purchase equipment, $16,000 Solution A. Feb. 2 Cash Common Stock B. Mar. 12 Equipment Cash Cash Beg Bal. Bal
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