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can I get help with B,C,D Required information Use the following information for Exercises 4-5 below. (Algo) The following information applies to the questions displayed
can I get help with B,C,D
Required information Use the following information for Exercises 4-5 below. (Algo) The following information applies to the questions displayed below) Following are the issuances of stock transactions. 1. A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash. 2. A corporation issued 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has a $2 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47.500. The stock has no stated value. 4. A corporation issued 1.000 shares of $50 par value preferred stock for $97,500 cash Exercise 11-4 (Algo) Recording stock issuances LO P1 Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet D > Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has a $2 per share stated value. Debit Credit Note: Enter debits before credits Transaction General Journal 2 Organization expenses Common stock. $2 stated value Paid in capital in excess of stated value, common stock [The following information applies to the questions displayed below.) Following are the issuances of stock transactions. 1. A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has a $2 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has no stated value. 4. A corporation issued 1,000 shares of $50 par value preferred stock for $97,500 cash. Exercise 11-4 (Algo) Recording stock issuances LO P1 Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet D Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has no stated value. Note: Enter debits before credits Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal The following information applies to the questions displayed below) Following are the issuances of stock transactions 1. A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash. 2. A corporation issued 2,000 shares of no por common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has a $2 per share stated value. 3. A corporation issued 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has no stated value. 4. A corporation issued 1,000 shares of $50 par value preferred stock for $97,500 cash. Exercise 11-4 (Algo) Recording stock issuances LO P1 Prepare journal entries to record each of the following four separate Issuances of stock View transaction list Journal entry worksheet 8 OD Record the issue of 1,000 shares of $50 par value preferred stock for $97,500 cash. Note: Enter debits before credits Transaction General Journal Debit Credit 4 Record entry Clear entry View general journal Step by Step Solution
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