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4.12 of 10 pts 5 of 35 (5 c E13-19 (similar to ra Systems completed the following stock issuance transactions: (Click the icon to view
4.12 of 10 pts 5 of 35 (5 c E13-19 (similar to ra Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) quirements Journalize the transactions. Explanations are not required How much paid-in capital did these transactions generate for Sierra Systems? Common Stock-$1 Par Value Paid-In Capital in Excess of Par-Common 1,600 14,400 Jun. 3: Issued 500 shares of $7, no-par preferred stock for $25,000 cash. Date Accounts Dobit Credit Jun, 3 25,000 Preferred Stock-No Par Value 25,000 Jun. 11: Received equipment with a market value of $68,000 in exchange for 3,000 shares of the $1 par value common stock Accounts Debit Equipment Common Stock--$1 Par Value Jun. 11 68,000 ,000 Choose from any list or enter any number in the input fields and then olick Check Answer Clear A MacBook Air esc 0,3 000 4 4 4.12 of 10 pts 5 of 35 (5 c E13-19 (similar to ra Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) quirements Journalize the transactions. Explanations are not required How much paid-in capital did these transactions generate for Sierra Systems? Common Stock-$1 Par Value Paid-In Capital in Excess of Par-Common 1,600 14,400 Jun. 3: Issued 500 shares of $7, no-par preferred stock for $25,000 cash. Date Accounts Dobit Credit Jun, 3 25,000 Preferred Stock-No Par Value 25,000 Jun. 11: Received equipment with a market value of $68,000 in exchange for 3,000 shares of the $1 par value common stock Accounts Debit Equipment Common Stock--$1 Par Value Jun. 11 68,000 ,000 Choose from any list or enter any number in the input fields and then olick Check Answer Clear A MacBook Air esc 0,3 000 4 4
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