Question: Chapter 2 Homework Navigation Question 2 Flag question Recording Journal Entries Prepare journal entries for each of the following transactions of Alma Ind a. Issues

Chapter 2 Homework Navigation Question 2 Flag question Recording Journal Entries Prepare journal entries for each of the following transactions of Alma Ind a. Issues stock to shareholders in exchange for $18,000 cash. b. Purchases $5,400 of equipment by signing a note payable. c. Performs $4,500 of services for customers on account. d. Pays $1,800 cash for legal services

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