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Moving to another question will save this response. Question 7 The total number of stock that a corporation's charter allows it to issue is referred
Moving to another question will save this response. Question 7 The total number of stock that a corporation's charter allows it to issue is referred to as O'A Issued stock OB. Authorized Stock OC. Preferred stock OD. Outstanding stock Question 7 of 15 1 points Moving to another question will save this response. Question 7 of 15 SAMSUNG Moving to another question will save this response. Question 6 ABC Inc sold 14.000 shares of its $10 par value common stock at a cash price of $13 per share. The entry to record this transaction would include OA A credit to Common Stock for $182.000 OB. A credit to Common Stock for $140,000 OCA debit to Cash for $140.000 ODA debit to Contibuted Capital in Excess of Par Value. Common Stock for $42.000. Question 6 of 15 1 points Moving to another question will save this response Question S 1 points S Awal Company had 60,000 shares of $10 par value common stock outstanding on March 1. On April 18 when the market value per share was $13, the company declared a 15% stock dividend to stockholders of record on April 28. The stock was distributed on May 6. The entry to recoed the distribution of May 6 would include a A debit to Retained Earnings Ocedit to Cash Oc credit to Paid-in Capital in Excess of Par Value. OD. debit to Common Stock Dividend Distributable Question 3 (8 Grades) points On 1/1/2020, Blue Company issued 5-year, 9% bonds with a par value of $1,000,000. The company received $900,000 in cash Interest is paid semiannually on 301 June and 31 December every year Required: (1) Prepare the journal entry to record the bonds' issuance on 1/1/2020 (2) Prepare the journal entry to record the interest payment and the amortization of bond discount or premium on 30/6/2020 (3) Prepare the journal entry to record the repayment of bonds on 31/12/2024 CLEARLY INDICATE THE DEBITS & CREDITS Example on 1 January 2020, XYZ Company pays $10,000 cash to purchase land Answer Dr. Land 10.000 Cr. Cash 10,000 For the toolbar, press ALT10 (PC) or ALTN+F50 (Mac
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