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journal entries!!!! thank you!! Required information Use the following information for Exercises 45 below. (Algo) [The following information applies to the questions displayed below.] Following
journal entries!!!!
Required information Use the following information for Exercises 45 below. (Algo) [The following information applies to the questions displayed below.] Following are the issuances of stock transactions. 1. A corporation issued 7,000 shares of $5 par value common stock for $42,000 cash. 2. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $34,000. The stock has a $1 per share stated value. 3. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $34,000. The stock has no stated value. 4. A corporation issued 1,750 shares of $75 par value preferred stock for $165,250 cash thank you!!
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