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1. On February 7, 2021. Anas Corp. issues 10 shares of common stock. The par value per share is as follows: $ 4,518 Each

Posted: Wed Apr 27, 2022 11:29 am
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1 On February 7 2021 Anas Corp Issues 10 Shares Of Common Stock The Par Value Per Share Is As Follows 4 518 Each 1
1 On February 7 2021 Anas Corp Issues 10 Shares Of Common Stock The Par Value Per Share Is As Follows 4 518 Each 1 (21.52 KiB) Viewed 23 times
1. On February 7, 2021. Anas Corp. issues 10 shares of common stock. The par value per share is as follows: $ 4,518 Each share is issued for the following amount per share (which already includes the par value) $ 9,036 Prepare Anas journal entry to record the issuance of common stock points) Cash 9,036 Preferred Stock Paid-in Capital in Excess of Par 4,518 4,518 2. On March 10, 2021, Anas acquire: 2 shares of its stock 2: treasury stock at the following amount per share S 9,066 Prepare Anas' journal entry to record the purchase of treasury stock (2 points) 3. Anas Corp. has the following items on its December 31, 2021 balance sheet: Accounts Payable 11,295 Accumulated Depreciation (6.777) Bonds Payable 22.300 Cash 29,367 Common Stock 22,590 Land 51,957 Machine 15,813 Preferred Stock 11,293 Retained Earnings 38,403 Treasury Stock (15.813) List all of the items that belong in the stockholders' equity section of Anas Corp's balance sheet and give me the total of stockholders' equity on December 31, 2021 6 points)