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Help Save & Exit Check 5. $ 30,000 12e.ee 2.000 Accounts Receivable Accumulated Depreciation Additional Paid-in Capital Allowance for Doubtful Accounts Bonds Payable Buildings Cash Common Stock, 10,000 shares of $1 par Notes Payable (long-term) Retained Earnings Treasury Stock TOTALS 277,000 17,500 10. 17.See 120.000 $299,500 $299,500 The company entered into the following transactions during the year. Jan. 15 Issued 20,000 shares of $1 par common stock for $80,000 cash. Jan. 31 Collected $3,000 from customers on account. Feb. 15 Reacquired 3.300 shares of 51 par common stock into treasury for $36,300 cash. Mar. 15 Reissued 2,300 shares of treasury stock for $27,300 cash. Aug. 15 Reissued 600 shares of treasury stock for $4,600 cash. Sept. 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of con Oct. 1 Issued 100, 10-year $1,010 bonds, at a quoted bond price of 101. Oct. Wrote off a $2,000 balance due from a customer who went bankrupt. Dec. 29 Recorded $260.000 of service revenue, all of which was collected in cash. Dec. 30 Paid $230,000 cash for this year's wages through December 31. Ignore payroll taxes and payroll deductions. Dec. 31 Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustments for interest and incom taxes.) Proy 2 of 21 Navt theducation.com/flow/connect.html work Saved View transaction list Journal entry worksheet 2 3 4 5 6 7 13 Issued 20,000 shares of $1 par common stock for $80,000 cash. Record the transaction Note: Enter debits before credits. Date General Journal Debit Credit Jan 15 Record entry Clear entry View general journal York G Saved View transaction list Journal entry worksheet Collected $3,000 from customers on account. Record the transaction. Note: Enter debits before credits. Date General Journal Debit Credit Jan 31 Record entry Clear entry View general journal ork Served View transaction list Journal entry worksheet education.com/llow/connect.html fork Sad View transaction list Journal entry worksheet ork Sved View transaction list Journal entry worksheet 2 3 4 5 6 7 8 ..... 13 Reissued 600 shares of treasury stock for $4,600 cash. Record the transaction. Note: Enter debits before credits. Date General Journal Debit Credit Aug 15 Record entry Clear entry View general journal View transaction list Journal entry worksheet Birk Saved iew transaction list Journal entry worksheet Arka Srved View transaction list Journal entry worksheet MR ork View transaction list Journal entry worksheet ork View transaction list Journal entry worksheet work View transaction list Journal entry worksheet work i View transaction list Journal entry worksheet ork Sarved View transaction list Journal entry worksheet ework 6 Saved Requirement SCO Journal Trial Balance Balance Sheet Ratio Use the dropdowns to select the accounts properly included on the classified balance the amount of Retained earnings. At the end of the year, the adjusted net income wa AMERICAN LASER, INC Classified Balance Sheet At December 31 @ PM 0

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