On January 1, 2018, Gerlach Inc. had the following account balances in its shareholders' equity accounts. During 2018, Gerlach Inc. had several transactions relating to common stock. Required:
Record the above transactions and events in journal entry format.

Question

On January 1, 2018, Gerlach Inc. had the following account balances in its shareholders' equity accounts.  During 2018, Gerlach Inc. had several transactions relating to common stock.  Required:
Record the above transactions and events in journal entry format.

Quizplus · Accepted Answer

The Answer of On January 1, 2018, Gerlach Inc. had the following account balances in its shareholders' equity accounts.  During 2018, Gerlach Inc. had several transactions relating to common stock.  Required:
Record the above transactions and events in journal entry format.