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Business, 26.12.2019 01:31 cyynntthhiiaa4

Sunland corporation had the following transactions. 1. sold land (cost $11,400) for $14,400. 2. issued common stock at par for $20,000. 3. recorded depreciation on buildings for $16,400. 4. paid salaries of $8,400. 5. issued 1,300 shares of $1 par value common stock for equipment worth $10,400. 6. sold equipment (cost $9,400, accumulated depreciation $6,580) for $1,128.
for each transaction above, prepare the journal entry.

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Sunland corporation had the following transactions. 1. sold land (cost $11,400) for $14,400. 2. issu...

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