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Write journal entries in proper form for the following economic transactions of Tommy Mac, Inc. Print out and return your practice test on these

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Write journal entries in proper form for the following economic transactions of Tommy Mac, Inc. Print out and return your practice test on these forms. 1. Issued $4,500,000 of Bonds at 97.8. 2. The Company CFO, Miss Thomas, has prepared a bank reconciliation, the corporate checking bank account is to be adjusted to reflect $15 of interest income and $10 of bank fees. 3. After two weeks the petty cash fund, which was established previously for $250, shows two $10 dollar bills, three $1 bills, and $224 of miscellaneous receipts for various minor expenses in the box. Replenish the petty cash fund. 4. Sold used equipment on account for $10,450. The equipment had an original cost of $45,000, salvage value of $2,000, and accumulated depreciation at time of the sale of $34,670. 5. Issued 25,100 shares of $0.15 par value Common Stock for $24.60 per share.

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