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Cullumber Corporation issued 2,400 shares of stock. Prepare the entry for the issuance under the following independent assumptions. (Credit account titles are automatically indented when
Cullumber Corporation issued 2,400 shares of stock. Prepare the entry for the issuance under the following independent assumptions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) (a) (b) (c) (d) (e) The stock had a par value of $10 per share and was issued for a total of $45,600. The stock had a stated value of $10 per share and was issued for a total of $45,600. The stock had no par or stated value and was issued for a total of $45,600. The stock had a par value of $10 per share and was issued to attorneys for services provided during incorporation valued at $45,600. The stock had a par value of $10 per share and was issued for land worth $45,600. No. Account Titles and Explanation (a) Cash (b) I Debit Credit
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