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During its first year of operations, Skysong Company had the following transactions pertaining to its common stock Tard A Jan.5 Issued 49,000 shares for cash
During its first year of operations, Skysong Company had the following transactions pertaining to its common stock Tard A Jan.5 Issued 49,000 shares for cash at $5 per share. Aug. 1 Issued 19,000 shares for cash at $8 per share. Issued 5,000 shares and paid $46,000 in cash to a vendor in exchange for computers. The list price of the computers totaled Sept. 20 $105,000 Dec. 19 Issued 42,000 shares for cash at $9 per share. al Univer jank Lewis Coil Prepare the journal entries for these transactions, assuming that the common stock has a par value of $2 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.) me at Date Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Prepare the journal entries for these transactions, assuming that the common stock is no par with a stated value of $4 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 tities and enter for the amounts.) Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Debit Credit
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