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On April 1, 10,000 shares of $8 par common stock were issued at $25, and on April 7, 6,000 shares of $80 par preferred stock
On April 1, 10,000 shares of $8 par common stock were issued at $25, and on April 7, 6,000 shares of $80 par preferred stock were issued at $107.
Journalize the entries for April 1 and 7. If an amount box does not require an entry, leave it blank or enter "0".
Apr. 1 | Cash | fill in the blank 2 | fill in the blank 3 |
Common Stock | fill in the blank 5 | fill in the blank 6 | |
Paid-In Capital in Excess of Par-Common Stock | fill in the blank 8 | fill in the blank 9 | |
Apr. 7 | Cash | fill in the blank 11 | fill in the blank 12 |
Preferred Stock | fill in the blank 14 | fill in the blank 15 | |
Paid-In Capital in Excess of Par-Preferred Stock | fill in the blank 17 | fill in the blank 18 |
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