Question
B C 1. On February 7, 2018, Anas Corp. issues 100 shares of common stock. The par value per share is as follows: $ 372
B C 1. On February 7, 2018, Anas Corp. issues 100 shares of common stock. The par value per share is as follows: $ 372 Each share is issued for the following amount per share (which already includes the par value): $ 744 Prepare the journal entry to record the issuance of common stock (3 points). 0 1 2 13 42. On March 10, 2018, Anas acquires 10 shares of its stock at the following amount per 15 share: 16 $ 759 17 Prepare Anas' journal entry to record the purchase (2 points). 18 19 20 3. Anas Corp. has the following items on its December 31, 2018 balance sheet: Accounts Payable Accumulated Depreciation 21 22 23 24 Bonds Payable 25 Cash 26 Common Stock 27 Land 28 Machine 29 Preferred Stock 30 Retained Earnings 18,600 (11,160) 37,200 48,360 37,200 85,560 26,040 18,600 63,240 (26,040) 31 Treasury Stock 32 33 34 List all of the items that belong in the stockholders' equity section of Anas Corp.'s balance sheet and give me the total of stockholders' equity on December 31, 2018 35 (5 points). 36 37 38 39 40 41 42 43
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