( 36-20 the following into the question When unter Corporation was formed on January 1, 2013, the corporated provided for 50.000 shares of $40 par connect the owing to were among those ed into the corporation during methoftion 1 of 6 Transaction 1. The corporation und 200 shares of Mock tower in followment of the $10,000 bal for assisting the company in drawing up its wides of incorporation and ning the proper papers with the state agency Transaction 2. The company issued 8,000 shares of stock at a price of $50 per share. Transaction. The company issued 7,000 shares of stock in exchange for equipment that had a fair market value of $320.000 6:00- 26. The entry to record Transaction 1 would be 10:36 Done Start-up and Organization Costs 8.000 (Debit Common Stock 8.000 Credit) ( the $10.000 forint dowwwww ng the proper papers with the Traction. The company.000 of per Taction. The company und 7000 of stock in charge for had a market value of $320.000 26. The entry to record Traction would be 1 of 6 -00:38 Start and Organisation Cons.common stock 8.000 radio Start-up and Organization Corts 8.000 Debit) Additional Paid-in Capital 2.000 Start-up and Organization Costs 10.000 (Debit Common Stock 8,000 Credit Additional Paid in Capital 2.000 Credit Start-up and Organization Costs 10,000 (Debit) Common Stock 10.000 (Credit) 10:36 Done !!! ( Question 2 126-2 Use the flowing information to wwwerthestion to When Suter Comparation was formed on January 1, 2013, the corporate charter provided for 50.000 shares of $40 par valon common stock. The following transaction were among those red in by the corporation during its first month of operation 1 of 6 -00:35 Transaction 1. The corporation issued 200 shares of stock to its lawyer in full payment of the $10.000 bill for assisting the company is drawing up its artides of incorporation and filling the proper papers with the state agency. Transaction 2. The company issund 8,000 shares of stock at a price of $50 per share. Transaction 3. The company issued 7,000 shares of stock in exchange for equipment that had a fair market value of $320,000 10:36 Done 27. The entry to record Transaction 2 would be: th ( transaction. The corporation 200 shares of the follow the $10.000 foring the company in die twee of incorporation and ning the proper papers with the stone Transaction. The company wed 1.000 shares of stock price of $50 per Transaction. The company issued 7.000 shares of stock in edung for woment that had a fair market value of $320.000 1 of 6 -00:34 27. The entry to record Transaction 2 would be O Cash 320.000 (bit) Additional Paid in Capital 80.000 Credit Common Stock 400,000 (edit O Cash 400.000 (Debit) Common Stock 320,000 (Credit Adontional Paldin Capital 20.000 Credit O Cash 320,000 Debit Common Stock 320,000 (Credit Cash 400.000 (Debit) Common Stock 400,000 (Credit 10:36 Done ( Question 20 126 201 the wine into the low When Sander Corporation was formed on mary 1, 2013, corporate provided for 50.000 shares of $40 par value canon stock The following transactions were among those egged in by the corporation during its first month of operation 1 of 6 -00:32 Transaction. The corporation issued 200 shares of stock to its twyor in full payment of the $10,000 bill for assisting the company wydrawing up its articles of incorporation and filing the proper papers with the state agency Transaction 2. The company issued 8.000 shares of stock at a price of $50 per share Transaction. The company issued 7,000 shares of stock in exchange for cient that had a fair market value of 5320,000 10:36 Done 28. The entry to record Transaction 3 would be: !!! ( action. The corporation issued 200 shares of stock tower in full payment the $10,000 for the company indrawings are incorporated ning the paper papers with the state Transaction. The company issued 1.000 shares of stock price of $50 per share Transaction. The company issued 7.000 stures of stock in exchange towerment that had a fair market value of $320,000 1 of 6 -00:30 28. The entry to record Transaction would be Common Stock 280.000 Debiment 280,000 Credit) Fquipment 320.000 Debit) Common Stock 320,000 Credit) O Equipment 280,000 (Debit) Common Stock 280,000 Credit) Equipment 320,000 (Debit) Common Stock 280,000 Credit) Additional Paid-in Capital 40,000 Credit) 10:36 Done