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i need to know how to do the Debit and credit part Flint Corporation issued 1.900 shares of stock. Prepare the entry for the issuance
i need to know how to do the Debit and credit part
Flint Corporation issued 1.900 shares of stock. Prepare the entry for the issuance under the following assumptions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) (b) (c) The stock had a par value of $ 5.25 per share and was issued for a total of $ 46,500. The stock had a stated value of $ 5.25 per share and was issued for a total of $ 46,500 The stock had no par or stated value and was issued for a total of $ 46,500. The stock had a par value of $ 5.25 per share and was issued to attorneys for services during incorporation valued at $ 46,500 The stock had a par value of $ 5.25 per share and was issued for land worth $ 46,500. (d) (e) Debit Credit No. Account Titles and Explanation (a) Cash Common Stock Paid-in Capital in Excess of Par-Common Stock Step by Step Solution
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