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Current Attempt in Progress During its first year of operations, Sitwell SE had the following transactions pertaining to its ordinary shares. Jan. 10 Issued 80,000
Current Attempt in Progress During its first year of operations, Sitwell SE had the following transactions pertaining to its ordinary shares. Jan. 10 Issued 80,000 shares for cash at 6 per share. Mar. 1 Issued 5,000 shares to attorneys in payment of a bill for 35,000 for services rendered in helping the company to incorporate. July 1 Issued 30,000 shares for cash at 8 per share. Sept. 1 Issued 60,000 shares for cash at 10 per share (a) Prepare the journal entries for these transactions, assuming that the ordinary shares has a par value of 3 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit (a) e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer (b) The parts of this questio in order. This part will be availab you complete the part above
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