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Question III: Journal Entries Prepare the journal entry to record transaction addi number tion, prepare the journal entries to record any four but only four
Question III: Journal Entries Prepare the journal entry to record transaction addi number tion, prepare the journal entries to record any four but only four of the nine business transactions numbered 2 through 10: you may choose any FOUR but only FOUR of these nine transactions to answer. So in total you will have answered five transactions. Number cach answer with the number of the corresponding business transaction 1. Required journal entry -transaction number one-must be completed by all students: Ewang, Martin and Bartolone are partners with capital balances of $40000 (forty thousand dollars) each. Ewang withdraws fro What is the entry if Ewang is paid $100,000 in partnership The three partners share income and losses in the ratio of 1:1:1 cash for his equity? Other journal entries-prepare the journal entries for any f transactions below: our and only four of these nine 2. Company X purchases 1,000 shares of its own $10 par value common stock for $60,000 What is the journal entry to record the purchase of the 1000 shares of treasury stock? 3. What is the journal entry to record the issuance of $100,000 face amount of 10% bonds for $105,000 cash
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