Homework: Chapter 13 Homework Score: 0.64 of 1 pt E13-24 (similar to) The charter of Dogwood Corporation authorizes the issuance of 800 shares of preferred stock and 1,500 shares (Click the icon to view the transactions.) Read the requirements. Date Accounts and Explanation Debit | Credit Apr. 17 Cash 8,000 Preferred Stock-$10 Par Value 8,000 Issued preferred stock for cash. Requirement 2. Prepare the stockholders' equity section of the Dogwood balance sheet as of April 30, 2018, for th Dogwood Corporation Balance Sheet (Partial) April 30, 2018 Stockholders' Equity Paid-In Capital: Preferred Stock-5%, $10 Par Value; 800 shares authorized, issued, and outstanding Common Stock-$3 Par Value; 1,500 shares authorized, 540 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-in Capital Retained Earnings 8,000 540 43980 52520 80,000 Total Stockholders' Equity 132520 Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Na 2 of 8 Score: 0.64 of 1 pt %E13-24 (similar to) The charter of Dogwood Corporation authorizes the issuance of 800 shares of preferred stock and 1,500 shares of Cou A (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanatio Mar. 23: Issued 200 shares of $3 par value common stock for cash of $18 per share. Date Accounts and Explanation Debit Credit Mar. 23 Cash Common Stock-$3 Par Value 600 Paid-In Capital in Excess of Par-Common 3,000 3,600 Issued common stock for cash. Apr. 12: Received inventory with a market value of $28.000 and equipment with a market value of $14.000 for 340 share Date Accounts and Explanation Debit Credit Apr. 12 Inventory 28.000 Equipment 14,000 Common Stock-$3 Par Value 1,020 Paid-in Capital in Excess of Par-Common 40,980 Issued common stock for inventory and equipment. Apr. 17: Issued 800 shares of 5%. $10 par value preferred stock for $10 per share. Date Accounts and Explanation Debit Credit Apr 17 Cash 8,000 Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing MacBd Score: 0.64 of 1 pt %E13-24 (similar to) The charter of Dogwood Corporation authorizes the issuance of 800 shares of preferred stock and 1,500 shares of (Click the icon to view the transactions.) Read the requirements issued common stock for inventory and equipment Apr 17: Issued 800 shares of 5%, $10 par value preferred stock for $10 per share. Date Accounts and Explanation Apr. 17 Cash Preferred Stock-$10 Par Value Debit Credit 8,000 8,000 Issued preferred stock for cash. Requirement 2. Prepare the stockholders' equity section of the Dogwood balance sheet as of April 30, 2018, for the tre Dogwood Corporation Balance Sheet (Partial) April 30, 2018 Stockholders' Equity Paid-in Capital Preferred Stock 5% $10 Par Value 800 shares authorized, issued, and outstanding Common Stock $3 Par Values 1.500 shares authorized, 540 shares issued and outstanding Paid-in Capital in Excess of Par-Common Total Pald-in Capital 540 52520 Choose from any list or enter any number in the input fields and then click Check Answer All parts showing MacBo 20
