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Homework: Unit 2 Assignment 1 Score: 0 of 14 pts E13-21 (book/static) Stellar Systems completed the following stock issuance transactions: (Click the icon to
Homework: Unit 2 Assignment 1 Score: 0 of 14 pts E13-21 (book/static) Stellar Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Stellar Systems? 1 of 3 (0 complete) Requirement 1. Joumalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any joumal entries) May 19: Issued 1,700 shares of $3 par value common stock for cash of $10.50 per share. Date May 19 Choose fro Accounts More Info May 19 Jun. 3 Jun. 11 Debit Credit Issued 1,700 shares of $3 par value common stock for cash of $10.50 per share Isssued 300 shares of $9, no-par preferred stock for $15,000 cash Received equipment with a market value of $68.000 in exchange for 5,000 shares of the $3 par value common stock Print Done X
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