Shown below is a page from a special journal.
1. What is the name of this journal?
2. Give an explanation for each of the transactions in this journal.
3. Explain the following:
(a) the numbers under the bottom lines.
(b) the checks entered into the Post. Ref. column.
(c) the numbers 113 and 416 in the Post. Ref. column.
(d) the (x) below the Other Accounts column. 
Definitions:
Revised Model Act
A updated legal model or framework designed to guide the development of specific legislation or regulatory standards.
Incorporated
The process of legally declaring a corporate entity as separate from its owners, providing legal protections and allowing for the raising of capital.
De Facto Corporation
A corporation that operates in all respects as a corporation despite not having completed the formalities required for legal recognition.
Ultra Vires
Actions or activities conducted by a corporation or its officers that lie beyond the powers granted by its charter or the laws.
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