Pool Corporation is authorized to issue an unlimited number of common shares and 1,000,000 shares of preferred shares. During 2021, its first year of operation, the company had profit of 200,000. The following share transactions occurred: 
Instructions
a) Journalize the transactions for Pool Corporation.
b) Prepare the shareholders' equity section of the balance sheet, Pool has a December 31 year-end.
Definitions:
Sigmund Freud
A neurologist from Austria who established psychoanalysis as a technique for addressing mental disorders through conversational interaction between the psychoanalyst and the patient.
Belief in God
Belief in God encompasses faith or conviction in the existence of a supreme deity or deities, central to many religious traditions.
Irrational
Going against the rules of reason. (Not the same as nonrational, such as when we say that worms and fish are “not rational animals.”) Only rational (that is, thinking, planning, calculating) creatures can be irrational.
Problem of Evil
A philosophical dilemma concerning how to reconcile the existence of evil with an omnipotent, omnibenevolent, and omniscient God.
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