Page 1 of 1
Question 4 of 19 View Policies Current Attempt in Progress During its first year of operations, Whispering Company had t
Posted: Tue Jul 05, 2022 1:35 pm
by answerhappygod
- Question 4 Of 19 View Policies Current Attempt In Progress During Its First Year Of Operations Whispering Company Had T 1 (29.67 KiB) Viewed 5 times
Question 4 of 19 View Policies Current Attempt in Progress During its first year of operations, Whispering
Company had the following transactions pertaining to its common stock Issued 45,000 shares for cash at $5 per share Issued 19,000 shares for cash at $10 per share. Jan. 5 Aug 1 Sept. 20 Dec. 19 (a) -/20 E Issued 4,000 shares and paid $46.000 in cash to a vendor in exchange for computers. The list price of the computers totaled $89.000. Issued 38.000 shares for cash at $11 per share. Prepare the journal entries for these transactions, assuming that the common stock has a par value of $2 per share. (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 O for the amounts) Date Account Titles and Explanation Debit Credit