The Drain Surgeon Corp's equity on January 1 was as follows: common shares,unlimited shares authorized,250,000 shares issued and outstanding; retained earnings,$1,000,000.
Prepare journal entries to record the following transactions:

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The Answer of The Drain Surgeon Corp's equity on January 1 was as follows: common shares,unlimited shares authorized,250,000 shares issued and outstanding; retained earnings,$1,000,000.
Prepare journal entries to record the following transactions:

The Drain Surgeon Corp's Equity on January 1 Was as Follows