AutoSave OF AAP 2G ... Chapter 11 Exercises Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments Arial v 10 ab Wrap Text General Insert v X LA ~ A VA AY v Delete Paste B 1 Uv :- - Merge & Center Y Conditional Format Cell Formatting es Table Styles Sort & Filter # Format Find & Select Analyze Data Sensitivity V N 0 P Q R S T B6 fx Prepare journal entries to record the following four separate issuances of stock. A B C D E F G H K L M 1 Name: 2 Date: 3 4 Cells highlighted in green contain a drop-down list, select the appropriate account/response from the 5 6 Prepare journal entries to record the following four separate issuances of stock. 7 8 1. A corporation issued 3,000 shares of $5 par value common stock for $18,000 cash. 9 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,000. 10 The stock has a $4 per share stated value. 11 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,000. 12 The stock has no stated value 13 4. A corporation issued 750 shares of $25 par value preferred stock for $72,750 cash. 14 15 Transaction General Journal Debit Credit 16 1. 17 18 19 20 2. 21 22 23 24 3. 25 26 27 4. 28 29 30 31 32 33 34 35 36 Exercise 11-4 Exercise 11-13 Exercise 11-17 Exercise 11-21 Problem 11-5A + Ready + 136%