Question: Please answer the question ! Please answer the question ! authotizes the corporaton to iswe 130,000 thares of $6 par common stork. In is font



authotizes the corporaton to iswe 130,000 thares of $6 par common stork. In is font morith, Joy Rats, lne, conpleted the following traratactens (1) (Click the icon to viow the transacions.). Read the tegucements Requirement 2. Prepare the stockhoiders' equity soction of the Joy Rafs, Inc, balance sheed at duly 31. 2022. The ensing balence of Aatained Earringt is 345000 . Enter the accountl in the peoper order lae the stockthalders' equily soction of the balance thoot) More info Requirements 1. Record the transactions in the journal. 2. Prepare the stockholders' equity section of the Joy Rafts, Inc., balance sheet at July 31,2022. The ending balance of Retained Earnings is $45,000. joy Ratse Co Jul 26: Issued 1,200 shares of common slock for $15 eash per share. (1) (cick the icon to view the transactions.) Read the cesuirements Requirement 1. Record the transactions in the joumal; (Reoond dobits flint, then credts. Exdlude explanations from any joutnal enthes) Jul 6: Issued 100 shares of common stock to the peomoter for ascitance with issuance of the conmon stock. The pronsoticnal tee was 52.700 Debit Orgarizaten Expene0
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