General Journal

Edit View History Bookmarks Window Help moodle.delhi.edu 79 Quiz on Corporation Journal Entries Apple Disney ESPN Yahoo Course Hero STATE UNIVERSITY of NEW YORK COWERE (2) Fa Home My Vancko Hall Links Help Faculty Lounge Nursing My courses Home > My courses > ACCT-125-10355-202009 > Common Stock Journal Entries > Quiz on Corporation Journal Entries Question 1 Not yet answered Points out of 25.00 Flag question * Quiz nav Hamilton Corporation was authorized to issue 20,000 shares of $100 par value, 5% preferred stock and 50,000 share of $1 par common stock. 2 Record the following transactions: Finish attempt ... Issued 5,000 shares of common stock for $40 per share Issued 500 shares of common stock at $19 per share for services rendered in connection with the organization of the company Time left 0:59:50 Issued 5,000 shares of common stock for a building on which the asking price was $325,000. Market value of the stock was $50. Management wishes to record the land at the market price of the stock. Issued 1,000 shares of Preferred stock at $125 per share . Issued 6,000 shares of common stock for $40 per share . Issued 8,000 shares of preferred stock for $130 per share X2 A v B U S X2