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Required information Skip to question [The following information applies to the questions displayed below.] Tarrant Corporation was organized this year to operate a financial consulting

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[The following information applies to the questions displayed below.]

Tarrant Corporation was organized this year to operate a financial consulting business. The charter authorized the following stock: common stock, par value $11 per share, 12,600 shares authorized. During the year, the following selected transactions were completed:

a. Sold and issued 6,300 shares of common stock for cash at $22 per share.
b. Sold and issued 2,300 shares of common stock for cash at $27 per share.
c. At year-end, the accounts reflected income of $6,300. No dividends were declared.image text in transcribedimage text in transcribed
Part 1 of 2 View transaction list 1.33 points Journal entry worksheet Sold 6,300 shares of common stock for cash at $22 per share. eBook don Hint Note: Enter debits before credits. Transaction General Journal Debit Credit Print a. 0 References Record entry Clear entry View general journal 33 oints Journal entry worksheet Sold 2,300 shares of common stock for cash at $27 per share. eBook Hint Note: Enter debits before credits. Transaction General Journal Debit Credit Print b. References Record entry Clear entry View general journal

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