Required Information The Following Information Applies To The Questions Displayed Below Following Are The Issuances O 1 (38.05 KiB) Viewed 90 times
Required Information The Following Information Applies To The Questions Displayed Below Following Are The Issuances O 2 (40.06 KiB) Viewed 90 times
Required Information The Following Information Applies To The Questions Displayed Below Following Are The Issuances O 3 (36.2 KiB) Viewed 90 times
Required Information The Following Information Applies To The Questions Displayed Below Following Are The Issuances O 4 (36.01 KiB) Viewed 90 times
Required information (The following information applies to the questions displayed below.) Following are the Issuances of stock transactions. 1. A corporation issued 9,000 shares of $20 par value common stock for $216,000 cash. 2. A corporation Issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,500. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $56,500. The stock has no stated value. 4. A corporation issued 2,250 shares of $25 par value preferred stock for $112.750 cash. Prepare Journal entries to record each of the following four separate issuances of stock View transaction list Journal entry worksheet < А B C D > Record the love of 9,000 shares of $20 par value common stock for $216,000
Journal entry worksheet < А С B D > Record the issue of 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,500. The stock has a $1 per share stated value. Note: Enter debits before credits Transaction 2 General Journal Debit Credit
Journal entry worksheet А B С D > Record the issue of 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,500. The stock has no stated value. Note: Enter debits before credits Transaction General Journal Debit Credit 3
Journal entry worksheet ant < A B tint с D erences Record the issue of 2,250 shares of $25 par value preferred stock for $112,750 cash Note: Enter debits before credits. Transaction General Journal Debit Credit 4
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