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hello i have attached a word doc, please help me solve this hw problem, I have left the spaces black for the ones that need
hello i have attached a word doc, please help me solve this hw problem, I have left the spaces black for the ones that need to be filled in please show me how you go to the asnwers deadline is 1 hour.
Your answer is partially correct. Try again. Osage Corporation issued 1,200 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,675. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) (b ) (c) (d ) (e) The stock had a par value of $9.50 per share and was issued for a total of $51,000. The stock had a stated value of $9.50 per share and was issued for a total of $51,000. The stock had no par or stated value and was issued for a total of $51,000. The stock had a par value of $9.50 per share and was issued to attorneys for services during incorporation valued at $51,000. The stock had a par value of $9.50 per share and was issued for land worth $51,000. No Account Titles and . Explanation (a) Cash Debit Credit 51,000 Common Stock Paid-in Capital in E (b) Cash 51,000 Common Stock Paid-in Capital in E (c) Cash 51,000 Common Stock (d) Organization Expe Common Stock 51,000 51,000 (e) Land Common Stock 51,000Step by Step Solution
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