PART 2

Record the issuance of additional shares of common stock, $24,000 Date Account Title Debit Credit Feb 15 Required General Journal General ledger Trial balance Income statement Statement of cash flow balance sheet Each journal entry is posted automatically to the general ledger. The adjusted entry, unadjusted, or post-closing balance will appear for each account, based on your choice. Unadjusted V Date Jan 01 to Dec. 30

General Ledger Account Cash Supplies No Date DR CR Balance No Date DR CR Balance Jan 01 16,000 Jan 01 8,400 Land Deferred Revenue No Date DR CR Balance No Date DR CR Balance Jan 01 64,000 Jan 01 5,400 Common Stock Retained earning No Date DR CR Balance No Date DR CR Balance Jan 01 54,000 n 01 29,000

Required General Journal General ledger Trial balance Income statement Statement of cash flow Balance Sheet Total Liabilities &Stockholders' Equity