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.
for each transaction above, prepare the journal entry.

Tara and her parents want to save at least $40,000 for college in 8 years. which statement describes the most effective savings plan for tara and her parents to meet their goal? tara and her parents should make deposits of $300 every month into a college savings account. tara and her parents should make deposits of $450 every month into a college savings account. tara and her parents should make deposits of $3,000 every year into a college savings account. tara and her parents should make deposits of $4,000 every year into a college savings account