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2) A corporation issued 14,000 shares of its $2 par value common stock at a cash...
On January 2, 2019, Best Corporation issued 3,000 shares of its $15 par-value common stock for...
On January 2, 2019, Best Corporation issued 3,000 shares of its $15 par-value common stock for cash at $36 a share. Prepare a journal entry to record the issuance of the stock. Journal entry worksheet Record the issuance of 3,000 shares of $15 par common stock at $36 per share. Note: Enter debits before credits. Date General Journal Debit Credit Jan 02, 2019
Turque Corporation issued 4.700 shares of its no par-value common stock (stated value, $20) for cash...
Turque Corporation issued 4.700 shares of its no par-value common stock (stated value, $20) for cash at $24 a share. Prepare a journal entry to record the issuance of the stock. View transaction list eBook Journal entry worksheet References
On January 2, 2019, AC Inc. issued 50,000 shares of its no-par-value common stock ($50 stated...
On January 2, 2019, AC Inc. issued 50,000 shares of its no-par-value common stock ($50 stated value) for cash at $51 a share. Prepare a journal entry to record the issuance of the stock. Journal entry worksheet Record the issuance of 50,000 shares of no-par common stock at $51 per share (stated value, $50/share). Note: Enter debits before credits. Date General Journal Debit Credit Jan 02, 2019
Treasury Stock Inland Corporation issued 30,000 shares of $5 par value common stock at $15 per...
Treasury Stock Inland Corporation issued 30,000 shares of $5 par value common stock at $15 per share and 8,000 shares of $50 par value, eight percent preferred stock at $85 per share. Later, the company purchased 3,000 shares of its own common stock at $20 per share. X X 0x X X a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Inland sold 2,000 shares of the treasury stock...
A corporation issued 240 shares of its $5 par value common stock in payment of a...
A corporation issued 240 shares of its $5 par value common stock in payment of a $3.200 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include: Save & E Murile Choice A$200 C A 1200 Organogenes A $2.000 credit to Paid in Capital Escess of Par Valve Common Stock A $1.200 biso Legal Expenses A $1.200 credit to Common Stock Fetzer Company declared a $0.35 per share cash...
On January 2, 2019, Cotton Inc. issued 35,000 shares of $10 par-value common stock and 5,000...
On January 2, 2019, Cotton Inc. issued 35,000 shares of $10 par-value common stock and 5,000 shares of 8 percent, $50 par-value preferred stock for cash at par value. Prepare a journal entry to record the issuance of the stock. Journal entry worksheet Record the issuance of common stock at $10 per share and preferred stock at $50 per share. Note: Enter debits before credits. Date General Journal Debit Credit Jan 02, 2019
Community Growers Group issued 17,000 shares of $1 par common stock for cash of $50 per...
Community Growers Group issued 17,000 shares of $1 par common stock for cash of $50 per share. Which ONE of the following should be included in the journal entry necessary to record the issuance of these shares? CREDIT Common Stock at Par for $850,000 CREDIT Paid-in Capital in Excess of Par for $17,000 CREDIT Cash for $850,000 CREDIT Common Stock at Par for $17,000 CREDIT Paid-in Capital in Excess of Par for $850,000
Current Attempt in Progress Pearl Corporation issued 385 shares of $10 par value common stock and...
Current Attempt in Progress Pearl Corporation issued 385 shares of $10 par value common stock and 127 shares of $50 par value preferred stock for a lump sum of $18,360. The common stock has a market price of $20 per share, and the preferred stock has a market price of $100 per share. Prepare the journal entry to record the issuance. (Round intermediate calculations to 6 decimal places, eg. 0.546872 and final answers to O decimal places, ed., 1,520. Credit...
Waterway Corporation issued 342 shares of $10 par value common stock and 150 shares of $50...
Waterway Corporation issued 342 shares of $10 par value common stock and 150 shares of $50 par value preferred stock for a lump sum of $19,656. The common stock has a market price of $20 per share, and the preferred stock has a market price of $100 per share. Prepare the journal entry to record the issuance.
> a21 45 Cole Company issued 14,000 shares of par value stock. The shares sold for...
> a21 45 Cole Company issued 14,000 shares of par value stock. The shares sold for $3.00 per share and the par value of the shares were $.50 per share. On the date the shares were issued, part of the journal entry Cole Company would record would be a O debit of $42,000 to the "Common Stock" account O debit of $7,000 to the "Common Stock account O credit of $35,000 to the "Common Stock" account o credit of $7,000...
Turque Corporation issued 4.700 shares of its no par-value common stock (stated value, $20) for cash at $24 a share. Prepare a journal entry to record the issuance of the stock. View transaction list eBook Journal entry worksheet References
Treasury Stock Inland Corporation issued 30,000 shares of $5 par value common stock at $15 per share and 8,000 shares of $50 par value, eight percent preferred stock at $85 per share. Later, the company purchased 3,000 shares of its own common stock at $20 per share. X X 0x X X a. Prepare the journal entries to record the share issuances and the purchase of the common shares. b. Assume that Inland sold 2,000 shares of the treasury stock...
A corporation issued 240 shares of its $5 par value common stock in payment of a $3.200 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include: Save & E Murile Choice A$200 C A 1200 Organogenes A $2.000 credit to Paid in Capital Escess of Par Valve Common Stock A $1.200 biso Legal Expenses A $1.200 credit to Common Stock Fetzer Company declared a $0.35 per share cash...
Current Attempt in Progress Pearl Corporation issued 385 shares of $10 par value common stock and 127 shares of $50 par value preferred stock for a lump sum of $18,360. The common stock has a market price of $20 per share, and the preferred stock has a market price of $100 per share. Prepare the journal entry to record the issuance. (Round intermediate calculations to 6 decimal places, eg. 0.546872 and final answers to O decimal places, ed., 1,520. Credit...
> a21 45 Cole Company issued 14,000 shares of par value stock. The shares sold for $3.00 per share and the par value of the shares were $.50 per share. On the date the shares were issued, part of the journal entry Cole Company would record would be a O debit of $42,000 to the "Common Stock" account O debit of $7,000 to the "Common Stock account O credit of $35,000 to the "Common Stock" account o credit of $7,000...
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