Question: -hapter 11 Homework Seved Help Save & Exit Check 1 art 1 of 2 Required information [The following information applies to the questions displayed below)


-hapter 11 Homework Seved Help Save & Exit Check 1 art 1 of 2 Required information [The following information applies to the questions displayed below) Tarrant Corporation was organized this year to operate a financial consulting business. The charter authorized the following stock common stock, $12 par value, 13,000 shares authorized. During the year, the following selected transactions were completed: a Sold 6,100 shares of common stock for cash at $24 per share. b. Sold 2.200 shares of common stock for cash at $29 per share c. At year-end, the accounts reflected income of $7600 No dividends were declared. ints eBook Hint Required: 1. Prepare the journal entries required to record the sale of common stock in (a) and (6). (1f no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Print View transaction list View Journal entry worksheet No Transaction General Journal Debit Credit Merences 1 a Common stock of 2 Journal entry worksheet 1 2 Sold 6,100 shares of common stock for cash at $24 per share. ok Note: Enter debits before credits. Transaction General Journal Debit Credit Common stock ces Record entry Clear entry View general journal View transaction list Part 1 of 2 Journal entry worksheet 2 points
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