QUESTION 1 The stock has a par of $5. I sold 100 shares for $750. I sold 10000 shares for land worth $60000 sold 100 shares for $500 Debit and 60000 Credit common stock S500 Credit padin capital in excess of par 10000 a Equipment 600 Common stock 600 Sold 100 shares for $750 Gave 10000 shares for land worth $60000 sold 100 shares for $500 Cashop Common stock 500 Debit Cash $750 Credit common stock Credit pand in capital e s par Cash 750 Common Stock 750 QUESTION 2 Check two disadvantages of corporations Tax treatment Government regulation Its a separate legal entity lack of mutual agency, it does NOT have united by QUESTION 3 The following totals for the month of me were to be payroll of Arces Com Salaries expense Social security and Medicare taxes withheld Income taxes withheld $14,000 1 OSO 1000 The entry to record de payment of net pay would include O a credit to salaries payable for 350 Ob debutto salaries payable for 59,330 O certo salaries expense 19,350 Od debit to sales payable for $14,000