Feb. 1 Issued 3,000 shares of common stock for $25,000.
Mar. 20 Purchased 1,500 additional shares of common treasury stock at $8 per share.
June 14 Sold 4,000 shares of treasury stock—common for $36,000.
Sept. 3 Issued 2,000 shares of common stock for a patent valued at $17,000.
Dec. 31 Determined that net income for the year was $340,000.

Thanks Brenda:)

Can someone answer these accounting problems

Feb. 1 Issued 3,000 shares of common stock for $25,000
Dr cash 25000
Cr common stock 25000

Mar. 20 Purchased 1,500 additional shares of common treasury stock at $8 per share.
treasury stock 12000
cash 12000

June 14 Sold 4,000 shares of treasury stock—common for $36,000.

Sept. 3 Issued 2,000 shares of common stock for a patent valued at $17,000.

Patent 17000
common stock 17000