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D Question 44 1 pts Juniper Company is authorized to issue 5,000,000 shares of $2 par value common stock. In conjunction with its incorporation
D Question 44 1 pts Juniper Company is authorized to issue 5,000,000 shares of $2 par value common stock. In conjunction with its incorporation process and the IPO, the company has the following transaction: Mar. 1, issued 4,000 shares of stock in exchange for equipment worth $250,000. What account and amount would be included in the journal entry? OCR Common Stock 8,000 O DR Equipment 230,000 O DR Paid In Capital from Common Stock 242,000 O DR Common Stock 8,000 D Question 45 3 pts Juniper Company is authorized to issue 5,000,000 shares of $2 par value common stock. In conjunction with its incorporation process and the IPO, the company has the following transaction: Mar. 1, issued 4,000 shares of stock in exchange for equipment worth $250,000. What account and amount would be included in the journal entry? O DR Equipment 250,000 O DR Common Stock 6,000 O DR Additional Paid in Capital from Common Stock 242,000 OCR Equipment 242.000
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