Culver Corporation issued4,300shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit account
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Question:
Culver Corporation issued4,300shares of stock.
Prepare the entry for the issuance under the following assumptions.(Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,650.)
(a)The stock had a par value of $10per share and was issued for a total of $46,000.
(b)The stock had a stated value of $10per share and was issued for a total of $46,000.
(c)The stock had no par or stated value and was issued for a total of $46,000.
(d)The stock had a par value of $10per share and was issued to attorneys for services during incorporation valued at $46,000.
(e)The stock had a par value of $10per share and was issued for land worth $46,000.
Posted Date: