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On January 25th, 250,000 shares of no par common stock were issued at $40, and on January 27th, 75,000 shares of $60 par preferred stock
On January 25th, 250,000 shares of no par common stock were issued at $40, and on January 27th, 75,000 shares of $60 par preferred stock were issued at $70. Journalize the entries for January 25th and January 27th. (Enter all numbers as whole numbers, with or without commas, but no decimals or dollar signs! Use the Chart of Accounts I sent via email for correct account names! Date Account Name Debit Credit Jan 25 Jan 27
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