Following are the issuances of stock transactions. 1. A corporation issued 10,000 shares of $30 par...
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Following are the issuances of stock transactions. 1. A corporation issued 10,000 shares of $30 par value common stock for $360,000 cash. 2. A corporetion issued 5,000 shares of no-par common stock to Its promoters in exchange for their efforts, estimated to be worth $50,500. The stock has a $1 per share stated value. 3. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,500. The stock has no stated value. 4. A corporation issued 2,500 shares of $75 par value preferred stock for $238,000 cash. Analyze eech transaction from issuances of stock by showing its effect on the accounting equetion- specifically, identity the accounts and omounts including or) for each transaction Equer Assets Liabilities 3. 4. Following are the issuances of stock transactions. 1. A corporation issued 10,000 shares of $30 par value common stock for $360,000 cash. 2. A corporetion issued 5,000 shares of no-par common stock to Its promoters in exchange for their efforts, estimated to be worth $50,500. The stock has a $1 per share stated value. 3. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,500. The stock has no stated value. 4. A corporation issued 2,500 shares of $75 par value preferred stock for $238,000 cash. Analyze eech transaction from issuances of stock by showing its effect on the accounting equetion- specifically, identity the accounts and omounts including or) for each transaction Equer Assets Liabilities 3. 4. Following are the issuances of stock transactions. 1. A corporation issued 10,000 shares of $30 par value common stock for $360,000 cash. 2. A corporetion issued 5,000 shares of no-par common stock to Its promoters in exchange for their efforts, estimated to be worth $50,500. The stock has a $1 per share stated value. 3. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,500. The stock has no stated value. 4. A corporation issued 2,500 shares of $75 par value preferred stock for $238,000 cash. Analyze eech transaction from issuances of stock by showing its effect on the accounting equetion- specifically, identity the accounts and omounts including or) for each transaction Equer Assets Liabilities 3. 4. Following are the issuances of stock transactions. 1. A corporation issued 10,000 shares of $30 par value common stock for $360,000 cash. 2. A corporetion issued 5,000 shares of no-par common stock to Its promoters in exchange for their efforts, estimated to be worth $50,500. The stock has a $1 per share stated value. 3. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,500. The stock has no stated value. 4. A corporation issued 2,500 shares of $75 par value preferred stock for $238,000 cash. Analyze eech transaction from issuances of stock by showing its effect on the accounting equetion- specifically, identity the accounts and omounts including or) for each transaction Equer Assets Liabilities 3. 4.
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