On January 6, Dee-Light Corporation issued for cash 15,850 shares of $1 par value common stock at $34 per share. On May 10, Dee-Light issued at par 5,550 shares of preferred 3% stock, $20 par for cash. On June 22, Dee-Light issued for cash 24,400 shares of 3%, $25 par value preferred stock at $30 per share. Determine the amount of cash that Dee-Light will receive from each of these stock issuances.

Issue Date		Cash Received
January 6		$
May 10		$
June 22		$

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Recording in the Accounting System

Journalize the entry to record the January 6 issuance of common stock. If an amount box does not require an entry, leave it blank or enter "0".

Journalize the entry to record the May 10 issuance of preferred

Journalize the entry to record the June 22 issuance of preferred stock. If an amount box does not require an entry, leave it blank or enter "0".

On January 10, BOC Corporation issued for cash 100,000 shares of $10 par value common stock at $80. On April 20, BOC issued at par 25,000 shares of preferred 4% stock, $25 par at $90. On July 1, BOC issued for cash 10,000 shares of 5%, $15 par preferred stock at $100.

Answer parts a. through c. for the common stock issued on January 10.

How much cash did BOC Corporation receive from the issuance of this stock? $

What is the total par value of the common stock issued? $

As the par value per share of the common stock increases, the amount of cash that BOC will receive from the issuance of the stock will - Select your answer -decreaseincreaseremain the sameCorrect 3 of Item 6.

Answer parts a. through c. for the preferred stock issued on April 20.

How much cash did BOC Corporation receive from the issuance of this stock? $

What is the total par value of this preferred stock? $

As the issue price per share of the preferred stock increases, the amount of cash that BOC will receive from the issuance of this preferred stock will - Select your answer -decreaseincreaseremain the sameCorrect 6 of Item 6.

Answer parts a. through c. for the preferred stock issued on July 1.

How much cash did BOC Corporation receive from the issuance of this stock? $

What is the total par value of this preferred stock?