Question
Example #6 Johnson Corporation had the following transactions: 1. Issued 7,000 shares of $10 par value common stock for $155,000. 2. Issued 3,000 shares of
Example #6
Johnson Corporation had the following transactions:
1. Issued 7,000 shares of $10 par value common stock for $155,000.
2. Issued 3,000 shares of $100 par value preferred stock at $117 per share for cash.
Required:
Prepare the journal entries for the above transactions. Omit explanations.
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Internal Auditing In Savings And Credit Cooperative Societies
Authors: Daniel Njuguna
1st Edition
B0C8SCJKRT, 979-8223128649
