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Thank you in advance! Marigold Corp. had the following transactions. 1. Sold land (cost $8,000) for $10,000. 2. Issued common stock at par for $21,700.

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Marigold Corp. had the following transactions. 1. Sold land (cost $8,000) for $10,000. 2. Issued common stock at par for $21,700. 3. Recorded depreciation on buildings for $15,800. 4. Paid salaries of $7,400 s. Issued 1.000 shares of $1 par value common stock for equipment worth $8,700. Sold equipment (cost $13,600, accumulated depreciation $9,520) for $1,632. 6. For each transaction above, prepare the journal entry. (Credit account tities are automatically in No. Account Titles and Explanation 1. Debit Credit 2. 3. 4. 5. 6

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