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asap please Stock Issuance d Finney Corporation is authorized to issue 1,000,000 shares of 51 par value common stock. During 2015, is fe Operation, the
asap please
Stock Issuance d Finney Corporation is authorized to issue 1,000,000 shares of 51 par value common stock. During 2015, is fe Operation, the company has the following stock transactions Paid the state $3,000 for incorporation fees. t 2009 Jan. 1 Jan 15 Issued 400,000 shares of stock at $8 per share. Jan. 30 A construction contractor for the company accepted 400 shares of common stock as payment for contrac The work involved convening an empty warehouse leased by company into office space. The construct estimated to have a value of $5,000. July 2 Issued 100,000 shares of stock for land. The land had an asking price of $950,000 however it was at a value of $800,000. The stock is currently selling on a national exchange at 59 per share Sept 5 Purchased 15,000 shares of common stock for the treasury at $10 per share Dec 6 Soid 11.000 shares of the treasury stock at $12 per share. Instructions Journalize the transactions for Finney Corporation 7 } }Step by Step Solution
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