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Prepare journal entries for each transaction listed below. (If no entry is required for a transaction/event, select No journal entry required in the first account

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Prepare journal entries for each transaction listed below. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. Sales on account were $920 and related cost of goods sold was $510. b. Issued 5,000 shares of $1 par value stock for $50,000 cash. View transaction list Journal entry worksheet 1 2 3 Record the sales on account of $920 Nota: Enter debit before credits General Journal Debit Credit Transaction a-1 Record entry Clear entry View general Journal Prepare journal entries for each transaction listed below. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. Sales on account were $920 and related cost of goods sold was $510. b. Issued 5,000 shares of $1 par value stock for $50.000 cash. View transaction list Journal entry worksheet

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