Asignacin capitulo 18 Seved Help Save & Exit Submit Check my work 3 3 points shipoed During its first year of operations, Eastern Dato Links Corporation entered into the following transactions relating to shareholders equity. The articles of Incorporation authorized the issue of 7 million common shares, 51 par per share, and 3 millon preferred shares, $50 par per share Feb. 12 Sold 2 million common shares, for 59 per share. 13 Issued 42,000 conmon shares to attorneys in exchange for legal services. 13 Sold 82,000 of its conton shares and 3,000 preferred shares for a total of $910,000, Nov. 15 Issued 355,000 of its common shares in exchange for equipment for which the cash price was known to be $3,728,000. Required: Prepare the appropriate journal entries to record each transaction (if no entry is required for a particular transaction, select "No Journal entry required" in the first account field. Enter your answers in whole dollars.) Seferences View transaction list Journal entry worksheet 1 2 > Sold 2 million common shares, for $9 per share er debts before et General Journal Dahil Credit Date February 12 Record entry Clear entry View general Journal ME Graw HINS Asignacin capitulo 18 Seved Help Save & Exit Submit Check my work 3 3 point During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to shareholders equity. The articles of incorporation authorized the issue of 7 million common shares, 51 por per share, and 3 million preferred shares. $50 par per share Feb. 12 Sold 2 million connon shares, for 59 per share. 13 Issued 42,000 comon shares to attorneys in exchange for legal services 13 Sold 82,000 of its common shares and 3,000 preferred shares for a total of 1910,000. Nov. 15 Issued 355,000 of its common shares in exchange for equipment for which the cash price was known to be $3,728,000. Swipped Required: Prepare the appropriate journal entries to record each transaction (If no entry is required for a particular transaction, select "No Journal entry required" in the first account field. Enter your answers in whole dollars.) Heferences View transaction lit 4 Journal entry worksheet 2 Sold 82,000 of its common shares and 3,000 preferred shares for a total of $910,000 Caneral Journal Del Crec Date February 15 Record entry Clear entry View general Journal Mc Asignacion capitulo 18 Saved Help Save & Ex Submit Check my work 3 3 points Stipe During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to shareholders Cquity. The articles of Incorporation authorized the issue of 7 million common shares. 51 par per share, and 3 milion preferred shares. $50 par per share Feb. 12 Sold 2 million common shares, for 59 per share. 13 Issued 42,000 common shares to attorneys in exchange for legal services. 13 Sold 82,000 of its common shares and 3,000 preferred shares for a total of $918,000. Nov. 15 Issued 355,880 of its common shares in exchange for equipment for which the cash price was known to be $3,728,000, Required: Prepare the appropriate Journal entries to record each transaction. (If no entry is required for a particular transaction, select "No Journal entry required" in the first account field. Enter your answers in whole dollars.) eBook References View transaction lit Journal entry worksheet > Issued 355,000 of its common shares in exchange for equipment for which the cash price was known to be $3,720,000 Note: terebbero General Journal Babil Cred Date November 15 Bacer en Clear entry View generational Me Gr
