On January 5, 2020, Bridgeport Corporation received a charter granting the right to issue 5,400 shares of $100 par value

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On January 5, 2020, Bridgeport Corporation received a
charter granting the right to issue 5,400 shares of
$100 par value, 9% cumulative and nonparticipating
preferred stock, and 52,900 shares of $10 par value
common stock. It then completed these transactions.
(a)
Record the journal entries for the transactions listed
above. (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 0 for the amounts. Record entries in the order displayed in
the problem statement. Round answers to 0 decimal places, e.g.
$5,275.)
Date
Account Titles and Explanation
Debit
Credit
choose a transaction date




Jan. 11Feb. 1July 29Aug. 10Dec.
31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
Feb. 1
enter an account title for the journal entry on February 1
enter a debit amount
enter a credit amount
enter an account title for the journal entry on February 1
enter a debit amount
enter a credit amount
enter an account title for the journal entry on February 1
enter a debit amount
enter a credit amount
enter an account title for the journal entry on February 1
enter a debit amount
enter a credit amount
enter an account title for the journal entry on February 1
enter a debit amount
enter a credit amount
choose a transaction date




Jan. 11Feb. 1July 29Aug. 10Dec.
31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
Aug. 10
enter an account title for the journal entry on August 10
enter a debit amount
enter a credit amount
enter an account title for the journal entry on August 10
enter a debit amount
enter a credit amount
enter an account title for the journal entry on August 10
enter a debit amount
enter a credit amount
choose a transaction date




Jan. 11Feb. 1July 29Aug. 10Dec.
31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date




Jan. 11Feb. 1July 29Aug. 10Dec.
31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
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