Sunland corporation had the following transactions.
1. sold land (cost $11,400) for $14...
Business, 18.12.2019 21:31 gracieorman4
Sunland corporation had the following transactions.
1. sold land (cost $11,400) for $14,400.
2. issued common stock at par for $20,000.
3. recorded depreciation on buildings for $16,400.
4. paid salaries of $8,400.
5. issued 1,300 shares of $1 par value common stock for equipment worth $10,400.
6. sold equipment (cost $9,400, accumulated depreciation $6,580) for $1,128.
(a) for each transaction above, prepare the journal entry.
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