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1. Strand corp issued 10,000 shares of $1par Common Stock for $10/share 2. Strand corp issued 5,000 shares of $20/par Preferred Stock for $50/share
1. Strand corp issued 10,000 shares of $1par Common Stock for $10/share 2. Strand corp issued 5,000 shares of $20/par Preferred Stock for $50/share 3. Strand corp issued 20,000 shares of their Common Stock for $20/share 4. Strand corp issued 10,000 shares of their Preferred Stock at $100/share 5. Strand issued 20,000 shares of Common Stock for a building (FMV = $200,000) (#1-B) After accounting for the transaction above, prepare the Stockholders' Equity of the Balance Sheet #2: on 1/1/19, Huge Corp issued 5,000 bonds at Par. Coupon rate 5%. 3 year bonds. (13'pt 1-) REQUIRED: Using the Accounting Equation, account for the: a. Issuance of the bond b. Interest payment dates for the life of the bond c. Bond's maturity date "(4 pts.)
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