When an entry is made in journal:(a) Assets are listed first.(b) Accounts to be debited listed first.(c) Accounts to be credited listed first.(d) Accounts may be listed in any order.

Which among the following is considered as the book of original entry? a. Trial Balance b. Balance Sheet c. Journal d. Ledger

Date General Account Titles and Explanations Ref. Debit Credit

Pharoah Company had these transactions during the current period. June 12 July 11 Nov. 28 Issued 81,500 shares of $1 par value common stock for cash of $305,625. Issued 4,150 shares of $102 par value preferred stock for cash at $109 per share. Purchased 3,050 shares of treasury stock for $9,800. Prepare the journal entries for the Pharoah Company transactions shown above. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)