Question: Four transactions are listed below. a. Issued common stock to several investors for $71,000 b. Purchased equipment for $7,800 cash c. Made cash sales of

Four transactions are listed below.
a. Issued common stock to several investors for $71,000
b. Purchased equipment for $7,800 cash
c. Made cash sales of $12,400 to customers
d. Issued a $3,200 dividend to stockholders

Required:
Prepare journal entries for the transactions.

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