Homework Answers
| Date | General Journal | Debit | Credit |
| Jan 2 | Cash | $1,000 | |
| Common stock | $1,000 | ||
| (Being 100 shares issued at par value of $10) |
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Journal entry worksheet Rock On January 2, Carlton, Inc., issued 100 shares of $10 par value...
On January 2, Carlton, Inc., issued 100 shares of $10 par value common stock for cash...
On January 2, Carlton, Inc., issued 100 shares of $10 par value common stock for cash of $10 per share. Complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On January 2, Carlton, Inc., issued 100 shares of $10 par value common stock for cash of $10 per share. Note: Enter debits before credits. Date General Jourmal Debit...
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
journal entry Required information When stock is issued, its par or stated value is credited to...
journal entry
Required information When stock is issued, its par or stated value is credited to the stock account and any excess is credited to a separate contributed capital account. If a stock has neither par nor stated value, the entire proceeds are credited to the stock account On January 2, Carlton, Inc., issued 100 shares of $10 par value common stock for cash of $10 per share. Complete the necessary journal entry by selecting the account names from the...
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
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
Journal entry worksheet 2 Record the issuance of 6,600 shares of common stock with a par...
Journal entry worksheet 2 Record the issuance of 6,600 shares of common stock with a par value $2 for a price of $26 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit а Record entry Clear entry View general journal Journal entry worksheet 1 2 Record the issuance of 2,600 shares of common stock with a par value $2 for a price of $29 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit b...
Journal entry worksheet 1 Record the issuance of 240,000 shares of common stock with a $1...
Journal entry worksheet 1 Record the issuance of 240,000 shares of common stock with a $1 par value for a price of $27 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 Record the purchase of 5,400 previously issued shares of common stock for a price of $28 per share. Note: Enter debits before credits. Transaction General Journal DebitCredit Record entry Clear entry View general journal
Journal entry worksheet < .... @ 6 6 0 Record the reselling of 700 shares of...
Journal entry worksheet < .... @ 6 6 0 Record the reselling of 700 shares of treasury stock for $22 per share. Note: Enter debits before credits. Credit Debit 15.400 Date Account Title Jan 30 (Cash Treasury Stock Additional Paid-in Capital Record entry View general journal Clear entry Exercise 10-17A Complete the accounting cycle using stockholders' equity transactions (LO10-2, 10-4, 10-5, 10-8) (GL) On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts...
journal entry Required information When stock is issued, its par or stated value is credited to...
journal entry
Required information When stock is issued, its par or stated value is credited to the stock account and any excess is credited to a separate contributed capital account. If a stock has neither par nor stated value, the entire proceeds are credited to the stock account. On Sept. 1, Paddington, Inc., issued 1,000 shares of $10 stated value common stock for cash of $10 per share. Complete the necessary journal entry by selecting the account names from the...
Prepare the journal entry to record Autumn Company's issuance of 65,000 shares of no-par value common...
Prepare the journal entry to record Autumn Company's issuance of 65,000 shares of no-par value common stock assuming the shares: a. Sell for $28 cash per share. b. Are exchanged for land valued at $1,820,000. Skipped Book View transaction list Hint Journal entry worksheet Print Cerences 1 2 Record the issuance of 65,000 shares of no-par value common stock assuming the shares sell for $28 cash per share. Note: Enter debits before credits. Skipped Live Stre. eBook 2 Hint Saved...
On January 2, Carlton, Inc., issued 100 shares of $10 par value common stock for cash of $10 per share. Complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On January 2, Carlton, Inc., issued 100 shares of $10 par value common stock for cash of $10 per share. Note: Enter debits before credits. Date General Jourmal Debit...
journal entry
Required information When stock is issued, its par or stated value is credited to the stock account and any excess is credited to a separate contributed capital account. If a stock has neither par nor stated value, the entire proceeds are credited to the stock account On January 2, Carlton, Inc., issued 100 shares of $10 par value common stock for cash of $10 per share. Complete the necessary journal entry by selecting the account names from the...
Journal entry worksheet 2 Record the issuance of 6,600 shares of common stock with a par value $2 for a price of $26 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit а Record entry Clear entry View general journal Journal entry worksheet 1 2 Record the issuance of 2,600 shares of common stock with a par value $2 for a price of $29 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit b...
Journal entry worksheet 1 Record the issuance of 240,000 shares of common stock with a $1 par value for a price of $27 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 Record the purchase of 5,400 previously issued shares of common stock for a price of $28 per share. Note: Enter debits before credits. Transaction General Journal DebitCredit Record entry Clear entry View general journal
Journal entry worksheet < .... @ 6 6 0 Record the reselling of 700 shares of treasury stock for $22 per share. Note: Enter debits before credits. Credit Debit 15.400 Date Account Title Jan 30 (Cash Treasury Stock Additional Paid-in Capital Record entry View general journal Clear entry Exercise 10-17A Complete the accounting cycle using stockholders' equity transactions (LO10-2, 10-4, 10-5, 10-8) (GL) On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts...
journal entry
Required information When stock is issued, its par or stated value is credited to the stock account and any excess is credited to a separate contributed capital account. If a stock has neither par nor stated value, the entire proceeds are credited to the stock account. On Sept. 1, Paddington, Inc., issued 1,000 shares of $10 stated value common stock for cash of $10 per share. Complete the necessary journal entry by selecting the account names from the...
Prepare the journal entry to record Autumn Company's issuance of 65,000 shares of no-par value common stock assuming the shares: a. Sell for $28 cash per share. b. Are exchanged for land valued at $1,820,000. Skipped Book View transaction list Hint Journal entry worksheet Print Cerences 1 2 Record the issuance of 65,000 shares of no-par value common stock assuming the shares sell for $28 cash per share. Note: Enter debits before credits. Skipped Live Stre. eBook 2 Hint Saved...
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