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Entries for Issuing Stock On January 22, Muir Corporation issued for cash 16,000 shares of no-par common stock at $50. On February 14, Muir issued
Entries for Issuing Stock
On January 22, Muir Corporation issued for cash 16,000 shares of no-par common stock at $50. On February 14, Muir issued at par 1,000 shares of 7%, $100 par preferred stock for cash. On August 30, Muir Corporation issued for cash 32,000 shares of preferred 7% stock, $100 par at $108.
Journalize the entries to record the January 22, February 14, and August 30 transactions. For a compound transaction, if an amount box does not require an entry, leave it blank.
Jan. 22 | fill in the blank 2 | ||
fill in the blank 4 | |||
Feb. 14 | fill in the blank 6 | ||
fill in the blank 8 | |||
Aug. 30 | fill in the blank 10 | fill in the blank 11 | |
fill in the blank 13 | fill in the blank 14 | ||
fill in the blank 16 | fill in the blank 17 |
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