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Prepare journal entries for the following transactions 1. On March 3, 2019, issues $20,000 shares of common stock for cash. 2. On March 5, 2019.

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Prepare journal entries for the following transactions 1. On March 3, 2019, issues $20,000 shares of common stock for cash. 2. On March 5, 2019. purchases equipment on account for $3,500, payment due within the month. 3. On March 9, 2019, receives $4,000 cash in advance from a customer for services not yet rendered. 4. On March 10, 2019, provides $5,500 in services to a customer who asks to be billed for the services. 6. On March 14, 2019, distributed S100 cash in dividends to stockholders. 7. On March 17, 2019, receives $2,800 cash from a customer for services rendered 8. On March 30, 2019, purchases supplies on account for $500. 9. The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. (1) Prepare the December 31 closing entries for Cruz Company. Cruz, Capital account balance was 547,600 on December 31 of the prior year. Account Title Car 12.000 DO $7500 2.500 101 126 120 167 160 301 302 04 512 522 617 640 652 Prepaid fo Accumulated dociation ACC ACW Snow Deprecipe Sex Incepe 7.000 14.000 2000 22.000 200 2200 SM100 10 For the following accounts indicate whether the normal

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