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On April 3, 2021, Apple Corporation issued 20,000 shares of $100 par v. preferred stock at $150 per share. The record entry will include: *
On April 3, 2021, Apple Corporation issued 20,000 shares of $100 par v. preferred stock at $150 per share. The record entry will include: * Debit Cash $3,000,000 Credit Cash $2,000,000 Debit Preferred Stock $2,000,000 Credit Preferred Stock $3,000,000 None of the above A corporation had 100,000 shares of common stock outstanding before a stoc split occurred, and 400,000 shares outstanding after the stock split. The stock split was: * O 4-for-1 2-for-1 O 3-for-1 1-for-4 None of the above
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