D. Duck Company was authorized to issue 100,000 shares of $6-par value common stock and 80,000 shares of $90-par value preferred stock. Give the general journal entry required in the attached workpaper to record the issue of 50,000 shares of common stock for $18 per share cash. D. Duck Company was authorized to issue 100,000 shares of $6-par value common stock and 80,000 shares of $90-par value preferred stock. Give the general journal entry required in the attached workpaper to record the issue of 80,000 shares of preferred stock for $100 per share cash. D. Duck Company was authorized to issue 100,000 shares of $6-par value common stock and 80,000 shares of $90-par value preferred stock. Give the general journal entry required in the attached workpaper to record the issue of 20,000 shares of common stock for $20 per share cash. D. Duck Company was authorized to issue 100,000 shares of $6-par value common stock and 80,000 shares of $90-par value preferred stock. Give the general journal entry required in the attached workpaper to record the issue of 5,000 shares of common stock in exchange for land. On the date of the exchange, the common stock had a fair market price of $19 per share. GENERAL JOURNAL Account Titles DR I CR D. Duck Company was authorized to issue 100,000 shares of $6-par value common stock and 80,000 shares of $90-par value preferred stock. D. Duck (1) issued 50,000 shares of common stock for $18 per share cash; (2) issued 80,000 shares of preferred stock for $100 per share cash; (3) issued 20,000 shares of common stock for $20 per share cash; and (4) issued 5,000 shares of common stock in exchange for land when the market price of the common stock was $19 per share. How many shares of common stock are outstanding? D. Duck Company was authorized to issue 100,000 shares of $6 par value common stock and 80,000 shares of $90-par value preferred stock. D. Duck (1) Issued 50,000 shares of common stock for $18 per share cash; (2) Issued 80,000 shares of preferred stock for $100 per share cash; (3) issued 20,000 shares of common stock for $20 per share cash; and (4) issued 5,000 shares of common stock in exchange for land when the market price of the common stock was $19 per share. How many shares of preferred stock are outstanding? exact number, no tolerance D. Duck Company was authorized to issue 100,000 shares of $6-par value common stock and 80,000 shares of $90-par value preferred stock. D. Duck (1) issued 50,000 shares of common stock for $18 per share cash; (2) issued 80,000 shares of preferred stock for $100 per share cash; (3) issued 20,000 shares of common stock for $20 per share cash; and (4) issued 5,000 shares of common stock in exchange for land when the market price of the common stock was $19 per share. What is the total legal capital? D. Duck Company was authorized to issue 100,000 shares of $6-par value common stock and 80,000 shares of $90-par value preferred stock. D. Duck (1) issued 50,000 shares of common stock for $18 per share cash; (2) issued 80,000 shares of preferred stock for $100 per share cash; (3) issued 20,000 shares of common stock for $20 per share cash; and (4) issued 5,000 shares of common stock in exchange for land when the market price of the common stock was $19 per share. What is the total paid in capital
