Check my work 2 Prepare journal entries to record each of the following four separate issuances of stock. 3.33 points 1. A corporation issued 9,000 shares of $10 par value common stock for $108,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $26,500. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $26,500. The stock has no stated value. 4. A corporation issued 2.250 shares of $50 par value preferred stock for $139,000 cash. Skipped View transaction list eBook Journal entry worksheet Hint Print Record the issue of 9,000 shares of $10 par value common stock for $108,000 cash. References Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Check my work 2 Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $10 par value common stock for $108,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $26,500. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $26,500. The stock has no stated value. 4. A corporation issued 2.250 shares of $50 par value preferred stock for $139,000 cash. 3.33 points Skipped View transaction list eBook COM Hint Journal entry worksheet Print Record the issue of 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $26,500. The stock has no stated value. References Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal 2 Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $10 par value common stock for $108,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $26,500. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $26,500. The stock has no stated value. 4. A corporation issued 2,250 shares of $50 par value preferred stock for $139,000 cash. 3.33 points Skipped View transaction list eBook det Hint Journal entry worksheet Print Record the issue of 2,250 shares of $50 par value preferred stock for $139,000 cash. References Note: Enter debits before credits. Transaction General Journal Debit Credit 4 Record entry Clear entry View general journal
