Issued common stock at par for $23,700.Recorded depreciation on buildings for $16,900.Paid salaries of $6,400.Issued 1,300 shares of $1 par value common stock for equipment worth $8,000.Sold equipment (cost $11,800, accumulated depreciation $8,260) for $1,416. For each transaction above, prepare the journal entry.

Explanation:

The journal entries are shown below:

1. Cash A/c Dr 23,700

       To Common stock A/c 23,700

(Being the common stock is issued for cash)

2. Depreciation Expense A/c Dr $16,900

                 To Accumulated Depreciation - Buildings A/c $16,900

(Being depreciation expense is recorded)

3. Salaries expense A/c Dr $6,400

          To Cash A/c $6,400

(Being the salaries expense is paid for cash)

4. Equipment A/c Dr $8,000

         To Common stock A/c  $1,300

         To Additional paid-in capital in excess of par value A/c $6,700

(Being the equipment is purchased)

5. Cash A/c Dr $1,416

   Accumulated depreciation - EquipmentA/c Dr $8,260

   Loss on sale of equipment A/c Dr $2,124

              To Equipment A/c $11,800

(Being the equipment is sold)

pretty sure c

explanation:

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.