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Multiple Choice Question S.awyer performed legal services for corp. Due to c horage, an agreement was reached whereby E. Corp. would by S. Lawyer alle

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Multiple Choice Question S.awyer performed legal services for corp. Due to c horage, an agreement was reached whereby E. Corp. would by S. Lawyer alle form od trades on a daily basis and the market price of the stock on the day the wasted is $1.90 per share. Given this information, the best pourraientry for y 15000 000 hores of common stock per 1). The Corp. to record for this transaction is Legal Expense Common Stock Paid in Capital in Excess of Par. Common Legal Expense Common Stock Pardin Capital in Excess of Par Common Common Stock Legal Expense Common Stock Chy t o Shew Work for the show Multiple Choice Question 112 Sunland Company issues 36000 shares of $100 par value preferred stock for cash at $120 per here. The entry to record the transaction will consist of a debit to Cash for $4320000 and a credit or credits to Preferred Stock for $4320000 Preferred Stock for $3600000 and Retained Earnings for $540000 Preferred stock for $3600000 and Paid in Capital in Excess of Par Value-Preferred stock for $720000 Paid in Capital from Preferred stock for $4320000 Click if you would like to show Work for this questioni Open Show Work Multiple Choice Question 119 Ayayal Corp. is authorised to be 1000 shares of $100 per le preferred to and 500 shares of ne-ar common stock with a ward wave of sking price of $715000 and a more value of $682500, which of the following would be the best mal entry for Ayayal to record pershane Aywy 6500 shares of preferred stock for land with an Land 650000 Preferred Stock 650000 Preferred Stock 650000 Paid-in Capital in Excess of Par Preferred 250D and 62500 Preferred Stock 682500 O Land 715000 Preferred Stock 650000 Pard-in Capital in Excess of Par. Preferred Click If you would like to show Work for the west Ouen Snow

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