Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. 2. A corporation issued 4.000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has a $1 per share stated value. 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value. 4. A corporation issued 2,000 shares of $100 par value preferred stock for $249,000 cash. 1 View transaction list + Journal entry worksheet A Record the issue of 8,000 shares of $20 par value common stock for $192,000 cash ences Hote: Enter debts before credits Transaction General Journal Debit Credi Record entry Clear entry View general journal Prepare journal entries to record each of the following four separate issuances of stock 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has a $1 per share stated value. 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value. 4. A corporation issued 2,000 shares of $100 par value preferred stock for $249,000 cash View transaction list Journal entry worksheet B D Record the issue of 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value rences Note: Enter debits before credits Transaction 3 General Journal Dobit Credit Record entry Clear entry View general Journal MS Graw there to search O RI Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. 2. A corporation issued 4.000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has a $1 per share stated value. 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value. 4. A corporation issued 2,000 shares of $100 par value preferred stock for $249,000 cash. 1 View transaction list + Journal entry worksheet A Record the issue of 8,000 shares of $20 par value common stock for $192,000 cash ences Hote: Enter debts before credits Transaction General Journal Debit Credi Record entry Clear entry View general journal Prepare journal entries to record each of the following four separate issuances of stock 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has a $1 per share stated value. 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value. 4. A corporation issued 2,000 shares of $100 par value preferred stock for $249,000 cash View transaction list Journal entry worksheet B D Record the issue of 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value rences Note: Enter debits before credits Transaction 3 General Journal Dobit Credit Record entry Clear entry View general Journal MS Graw there to search O RI
