a) company issue 5000 share of $50 par value preferred stock for cash at $60 per shares. prepare the journal entry to re
Posted: Thu May 19, 2022 2:30 pm
a) company issue 5000 share of $50 par value preferred
stock for cash at $60 per shares. prepare the journal entry to
record the issuance of the preferred stock.
b) company issue $400 shares $5 par value common stock for
$140000, prepare the journal entry to record the issue of the
stock
c) company had the following transactions during the current
period. prepare journal entry for the following
transaction.
purchased 2000 shares of treasury stock for $0.5 per
share.
stock for cash at $60 per shares. prepare the journal entry to
record the issuance of the preferred stock.
b) company issue $400 shares $5 par value common stock for
$140000, prepare the journal entry to record the issue of the
stock
c) company had the following transactions during the current
period. prepare journal entry for the following
transaction.
purchased 2000 shares of treasury stock for $0.5 per
share.