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Prepare a journal (debits and credits) for the accounts listed below On December 31, 2021, StampCo had the following account balances: Cash 8,000 Retained earnings

Prepare a journal (debits and credits) for the accounts listed below

On December 31, 2021, StampCo had the following account balances:
Cash8,000
Retained earnings2,000
Common stock4,000
Inventory1,000
Note payable3,000
In January 2022, StampCo made the following transactions:
1/2/22Purchases $19,000 of inventory on account
1/3/22Buys $4,000 of equipment for cash.
1/6/22Sells $6,000 worth of inventory for $13,000 cash.
1/5/22Pays $1,500 for maintenance.
1/6/22Pays $11,000 of what it owes for inventory.
1/7/22Sells $4,000 worth of inventory for $7,500 on account.
1/20/22Collects $4,100 of the 1/7/21 credit sales.
1/25/22Repurchased $900 of common stock.
1/26/22Declares and pays $620 cash dividend
1/28/22Incurs $32 of depreciation expense.
1/30/22Incurs and pays $250 of interest on note.
1/30/22Recognizes $300 of income tax expense.

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