Question $4$ of $6$

$\frac{-}{1}$

Current Attempt in Progress

Crane Corporation had the following transactions.

Sold land $(cost$$$10,800$ for $$14,000.$

Issued common stock at par for $$20,000.$

Recorded depreciation on buildings for $$15,800.$

Paid salaries of $$7,800.$

Issued $700$ shares of $$1$ par value common stock for equipment worth $$5,600.$

Sold equipment $($cost $$8,200,$ accumulated depreciation $$5,740)$ for $$984.$

$($a$)$

For each transaction above, prepare the journal entry. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries before creditentries.$)$

Transaction Account Titles and Explanation

Debit

Credit

$2.$

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$-$

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$6.$

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