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Based on the following information from Castle Keys Corporations, prepare the appropriate journal entries. Apr. 10 incurred organization costs totaling $4,200 12 Issued 9,000 shares
Based on the following information from Castle Keys Corporations, prepare the appropriate journal entries.
Apr. 10 incurred organization costs totaling $4,200
12 Issued 9,000 shares of $10 par common stock for $110,000
25 Issued 3,500 shares of 7%, $30 par preffered stock for $115,000
30 Issued 6,000 shares of $10 par common stock for $65,000
May 15 Issued 3,000 shares of 7%, $30 par preferred
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