Journal entries in good form for transactions

Reference no: EM13155177

Corporation began 2010 with the following account balances:

Common stock, $20 par, 100,000 shares authorized, 75,000 outstanding - $1,500,000

Paid-in capital in excess of par- common 500,000

Retained earnings 750,000

Alamo completed the followingtransactions in January, 2010. Prepare journal entries in good form for these transactions.

Reference no: EM13155177

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