Justine Corp received its charter and began business in 2015.The company was authorized to issue 20,000,$5,noncumulative preferred shares and an unlimited number of common shares.Prepare journal entries to record the following transactions that occurred during 2015: 
Definitions:
Formal Administrative Systems
are structured and officially sanctioned processes, procedures, and rules designed to coordinate and control an organization's activities efficiently.
Concurrent Control
A management technique that involves monitoring and adjusting operations and processes as they happen in real-time.
Operant Conditioning
A training technique that changes how strong a behavior is by using incentives or consequences.
Behaviour Modification
Behaviour Modification is a psychological strategy that seeks to change or shape an individual's behavior through reinforcement, punishment, and other learning principles.
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