Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 cash on February 20. Prepare...
Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $2 par value. The stock has neither par nor stated value. The stock has a $5 stated value.
Rodriguez Corporation issues 5,000 shares of its common stock for $114,600 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $14 par value. 2. The stock has neither par nor stated value. 3. The stock has a $7 stated value. View transaction list Journal entry worksheet B C Record the issue of 5,000 shares of $14 par value common stock for $114,600 cash. Note: Enter debits...
Rodriguez Corporation issues 10,000 shares of its common stock for $125,100 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $8 par value. 2. The stock has neither par nor stated value. 3. The stock has a $4 stated value. View transaction list Journal entry worksheet 1 2 3 Record the issue of 10,000 shares of $8 par value common stock for $125,100 cash. Record the...
Rodriguez Corporation issues 11,000 shares of its common stock for $154,100 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $12 par value. The stock has neither par nor stated value. The stock has a $6 stated value.
Rodriguez Corporation issues 6,000 shares of its common stock for $118,400 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $18 par value. The stock has neither par nor stated value. The stock has a $9 stated value. a. Record the issue of 6,000 shares of $18 par value common stock for $118,400 cash. b. Record the issue of 6,000 shares of no-par, no-stated value common...
Rodriguez Corporation issues 10,000 shares of its common stock for $159,600 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $14 par value. 2. The stock has neither par nor stated value. 3. The stock has a $7 stated value. Journal entry worksheet A B C Record the issue of 10,000 shares of $14 par value common stock for $159,600 cash. Note: Enter debits before credits....
Exercise 11-2 Accounting for par, stated, and no-par stock issuances LO PI Rodriguez Corporation issues 15,000 shares of its common stock for $99,500 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $4 par value. 2. The stock has neither par nor stated value 3. The stock has a $2 stated value. View transaction list Journal entry worksheet 2 3 nces Record the issue of 15,000...
just need the last two credits i cant firgure it out
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work 11 Rodriguez Corporation issues 8,000 shares of its common stock for $130100 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $12 par value 2. The stock has neither par nor stated value 3. The stock has a $6 stated value View transaction lit Journal entry worksheet < A Record the issue of...
On February 13, Epperson Company issued for cash 75,000 shares of no-par common stock (with a stated value of $125) at $140. On September 9, Epperson issued at par 15,000 shares of 1%, $60 par preferred stock at par for cash. On November 23, Epperson issued for cash 8,000 shares of 1%, $60 par preferred stock at $70. Required: Journalize the entries to record the February 13, September 9, and November 23 transactions. If an amount box does not require...
The Company issued 20,000 shares of no-par common stock, stated value $20, at $32 cash per share. The journal entry to record this transaction is Select one: a. Debit: Cash 640,000 Credit: Common Stock 400,000 Credit: Paid-in Capital in Excess of Stated Value 240,000 b. Debit: Cash 640,000 Credit: Common Stock 640,000 c. Debit: Cash 640,000 Credit: Common Stock 400,000 Credit: Paid-in Capital in Excess of Par Value 240,000