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ANKSHEET ANKSHEET A.BLANKSHEET eBook Oct. 31 Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 320,000 shares
ANKSHEET ANKSHEET A.BLANKSHEET eBook Oct. 31 Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 320,000 shares of $5 par common stock at $12, and on November 19, it issued for cash 45,000 shares of preferred stock, $60 par at $72. a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Cash Common Stock Paid-In Capital in Excess of Par-Common Stock Nov. 19 Cash Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock Feedback Show Me How Feedback. Check My Work Recall that a separate account is used for recording the amount of each class of stock issued to investors in a corporation. Recall the definition of legal capital and what effect that has on recording the sale of stock. Feedback b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19?. Check My Work Partially correct 000 000 000 000 Check My Work Paid-in capital refers to how much has been paid into the corporation by stockholders in order to be owners.
ANKSHEET ANKSHEET A.BLANKSHEET eBook Oct. 31 Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 320,000 shares of $5 par common stock at $12, and on November 19, it issued for cash 45,000 shares of preferred stock, $60 par at $72. a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Cash Common Stock Paid-In Capital in Excess of Par-Common Stock Nov. 19 Cash Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock Feedback Show Me How Feedback. Check My Work Recall that a separate account is used for recording the amount of each class of stock issued to investors in a corporation. Recall the definition of legal capital and what effect that has on recording the sale of stock. Feedback b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19?. Check My Work Partially correct 000 000 000 000 Check My Work Paid-in capital refers to how much has been paid into the corporation by stockholders in order to be owners.
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