Concord Corporation issued 4,250 shares of stock. Prepare the entry for the issuance under the following...
Concord Corporation issued 4,250 shares of stock.
Prepare the entry for the issuance under the following assumptions.
(Credit account titles are automatically indented when
amount is entered. Do not indent manually. Round answers to 0
decimal places, e.g. 5,650.)
| (a) | The stock had a par value of $7 per share and was issued for a total of $51,000. | |
| (b) | The stock had a stated value of $7 per share and was issued for a total of $51,000. | |
| (c) | The stock had no par or stated value and was issued for a total of $51,000. | |
| (d) | The stock had a par value of $7 per share and was issued to attorneys for services during incorporation valued at $51,000. | |
| (e) | The stock had a par value of $7 per share and was issued for land worth $51,000. |
|
No. |
Account Titles and Explanation |
Debit |
Credit |
|
(a) |
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|
(b) |
|||
|
(c) |
|||
|
(d) |
|||
|
(e) |
|||
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Concord Corporation issued 4,250 shares of stock.
Prepare the entry for the issuance under the following...
OURCES Concord Corporation issued 3,500 shares of stock Prepare the entry for the issuance under the...
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Exercise 11-4
Osage Corporation issued 2,500 shares of stock.
Prepare the entry for the issuance under the following assumptions.
(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 0 for the
amounts.)
(a)
The stock had a par value of $7 per share and was issued for a
total of $46,500.
(b)
The stock had a stated value of $7 per...
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OURCES Concord Corporation issued 3,500 shares of stock Prepare the entry for the issuance under the following assumptions (Credit account titles are automaticalily Indented when amount is entered. Do not indeat manually. Round anwers t 0 decimal places, eg·5,6S.) 13-04 13-06 13-08 (a) The stock had a par value of $10 per share and was issued for a total of $53,500 (b) The stock had a stated value of $10 per share and was issued for a total of $53,500...
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Exercise 11-4
Osage Corporation issued 2,500 shares of stock.
Prepare the entry for the issuance under the following assumptions.
(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 0 for the
amounts.)
(a)
The stock had a par value of $7 per share and was issued for a
total of $46,500.
(b)
The stock had a stated value of $7 per...
Cullumber Company issued 1,000 shares of common stock. Prepare the entry for the issuance under the following assumptions. (Credit account titles are automatically indented when amount is enter o decimal places, e.g. 5,675. If no entry is required, select "No Entry" for the account tities and enter for the amounts.) (a) The stock had a par value of $4.00 per share and was issued for a total of $45,000. (b) The stock had a stated value of $4.00 per share...
sage Corporation issued 4,050 shares of stock under the folowing assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually Round anssers to 0 decimal ple a) The stock had a par value of $7 per share and was issued for a total of $56,500. (b) The stock had a stated value of $7 per share and was issued for a total of $56,500. (c) The stock had no par or stated value and was...
gnment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN Blue Spruce Corp. issued 2,550 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit account titles are automatically indented when amou. manually. Round answers to o decimal places, e.g. 5,675. If no entry is required, select "No Entry" for the account titles ar (a) The stock had a par value of $9.00 per share and was issued for a total of $48,500. (b) The stock had a stated...
E11.4 (LO 2) Osage Corporation issued 2,000 shares of stock. Instructions Prepare the entry for the issuance under the following assumptions. a. The stock had a par value of $5 per share and was issued for a total of $52,000. b. The stock had a stated value of $5 per share and was issued for a total of $52,000. c. The stock had no par or stated value and was issued for a total of $52,000. d. The stock had...
Brief Exercise 14-03 Concord Corporation has 41,500 shares of $12 par value common stock outstanding. It declares a 15% stock dividend on December 1 when the market price per share is $18. The dividend shares are issued on December 31. Prepare the entries for the declaration and issuance of the stock dividend. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is...
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