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10 of 13 < > View Policies Current Attempt in Progress -/5 E! Bridgeport Corporation was organized on January 1, 2022. It is authorized to

10 of 13 < > View Policies Current Attempt in Progress -/5 E! Bridgeport Corporation was organized on January 1, 2022. It is authorized to issue 14,500 shares of 8%, $100 par value preferred stock, and 464,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Jan. 10 Mar 1 Apr. 1 Issued 81,500 shares of common stock for cash at $6 per share. Issued 4,300 shares of preferred stock for cash at $110 per share. Issued 22,500 shares of common stock for land. The asking price of the land was $87,000. The fair value of the land was $83,500. May 1 Issued 85,000 shares of common stock for cash at $4.25 per share. Aug 1 Issued 12.000 shares of common stock to attorneys in payment of their bill of $40,500 for services performed in helping the company organize. Sept. 1 Issued 12,000 shares of common stock for cash at $6 per share. Nov. Issued 2,500 shares of preferred stock for cash at $114 per share. (a) -15 E Credit Journalize the transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit 6 69F ^ Question 10 of 13 < -15 1 ssignment Question 10 of 13 < > -/5 (b) (c) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer AC116 Unit 7 Lab Assignment Question 10 of 13 < (b) 777881ad879c/question/9 Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous port) Preferred Stock Common Stock -15E AC116 Unit 7 Lab Assignment Question 10 of 13 < Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock uestion/s 69F -15 Question 10 of 13 < > Paid-in Capital in Excess of Stated Value Common Stock eTextbook and Media List of Accounts Save for Later (c) > > Attempts: 0 of Question 10 of 13 < > (c) -15 Prepare the paid-in capital section of stockholders' equity at December 31, 2022. (Enter the account name only and do not provide the descriptive information provided in the question) BRIDGEPORT CORPORATION Balance Sheet (Partial) Type here to search 0 69F bere to search eTextbook and Media List of Accounts Save for Later O 6 Attempts: 0 of 5 used Submit Answer 69F 30E

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