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Practice exercise 1 Cushenberry Corporation (1.) sold land (cost $8,080) for $10,100 (2.) issued common stock at a par for $20,900. (3.) recorded depreciation on

Practice exercise 1 Cushenberry Corporation (1.) sold land (cost $8,080) for $10,100 (2.) issued common stock at a par for $20,900. (3.) recorded depreciation on the buildings for $15,000. (4.) paid salaries of $6,700. (5.) issued 1,300 shares of $1 par value common stock for equipment worth $8,500. (6.) sold equipment(cost $1,400, accumulated depreciation $10,150) for $1,740.For each transaction prepare a journal entry with account titles and credit or debit?

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