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The J Corp incurred the following transactions. Prepare journal entries for the following: 1-Jul Sold...

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Accounting

The J Corp incurred the following transactions. Prepare journal entries for the following:

1-Jul Sold 100 shares of $5 par Common Stock for $20 cash

2 Accepted subscriptions to 200 shares more of Common for $25

3 Collected 12 payment on 200 shares sold on the 2nd

5 Collected full payment for the 200 shares sold on the 2nd

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