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Instructions On January 2 2 , Zentric Corporation issued for cash 2 6 3 , 0 0 0 shares of no - par common stock

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Instructions
On January 22, Zentric Corporation issued for cash 263,000 shares of no-par
common stock at $25. On February 14, Zentric issued at par value 5,000 shares of
preferred 7% stock, $60 par for cash. On August 30, Zentric issued for cash 29,000 shares
of preferred 7% stock, $60 par at $109.
Journalize the entries to record the January 22, February 14, and August 30 transactions.
General Journal
ournalize the entries to record the January 22, February 14, and August 30 transactions.
Seneral Journal Instructions
4ll transactions on this page must be entered (except for post ref(s)) before you will re
Chart of Accounts
132 interest Receivable
141 Inventory
145 Office Supplies
151 Prepaid insurance
181 Land
193 Equipment
194 Accumulated Depreciation-Equipment
EXPENSES
510 Cost of Goods Sold
515 Credit Card Expense
520 Salaries Expense
531 Advertising Expense
532 Delivery Expense
533 Selling Expenses
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