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Please help Prepare journal entries for each transaction listed below. Note: If no entry is required for a transaction/event, select No journal entry required in
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Prepare journal entries for each transaction listed below. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. Sales on account were $780 and related cost of goods sold was $440. b. Issued 6,000 shares of $1 par value stock for $75,000 cash. View transaction list Journal entry worksheet 1 2 3 > Record the sales on account of $780. Note: Enter debits before credits. Transaction Debit 780 a-1. Record entry General Journal Clear entry Accounts receivable Credit View general journal Prepare journal entries for each transaction listed below. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. Sales on account were $780 and related cost of goods sold was $440. b. Issued 6,000 shares of $1 par value stock for $75,000 cash. View transaction list Journal entry worksheet Record the cost of goods sold of $440 related to the sales. Note: Enter debits before credits. Transaction General Journal a-2. Record entry Clear entry Debit Credit View general journal Prepare journal entries for each transaction listed below. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. Sales on account were $780 and related cost of goods sold was $440. b. Issued 6,000 shares of $1 par value stock for $75,000 cash. View transaction list Journal entry worksheetStep by Step Solution
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