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The partners who own Roberts Rafts Inc. wished to avoid the unlimited personal liability of the partnership form of business, so they incorporated as Roberts Rafts, Inc. The charter from the state of Utah authorizes the corporation to issue 150,000 shares of $3 par common stock. In its first month, Roberts Rafts, Inc., completed the following transactions: Requirements a 1. Record the transactions in the journal. 2. Prepare the stockholders' equity section of the Roberts Rafts, Inc., balance sheet at March 31, 2019. The ending balance of Retained Earnings is $100,000. P Print Done Choose from any list or enter any number in the input fields and then continue to the next question. ? es who own Roberts Rafts Inc. wished to avoid the unlimited personal liability of the partnership form of business, das Roberts Rafts, Inc. The charter from the state of Utah authorizes the corporation to issue 150,000 shares of ock. In its first month, Roberts Rafts, Inc., completed the following transactions: he icon to view the transactions.) i More Info Mar 6 Issued 200 shares of common stock to the promoter for assistance with issuance of the common stock. The promotional fee was $5,600. Debit Organization Expense. 9 Issued 7,000 shares of common stock to Lucy Little and 15,000 shares to Renee Roberts in return for cash equal to the stock's market value of $30 per share. The two women were partners in Roberts Rafts Co. 26 Issued 1,100 shares of common stock for $30 cash per share. Print Done - 7 hann of naman tale til tula and 15 non hannot Danan Dan in kitaran han 7 any list or enter any number in the input fields and then continue to the next question. The partners who own Roberts Rafts Inc. wished to avoid the unlimited personal liability of the partnership form of business, so they incorporated as Roberts Rafts, Inc. The charter from the state of Utah authorizes the corporation to issue 150,000 shares of $3 par common stock. In its first month, Roberts Rafts, Inc, completed the following transactions: Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in the journal. (Record debits first, then credits. Exclude explanations from any journal entries.) Mar 6: Issued 200 shares of common stock to the promoter for assistance with issuance of the common stock. The promotional fee was $5,600. Debit Organization Expense. Journal Entry Date Accounts Debit Credit Mar 6 Mar 9: Issued 7,000 shares of common stock to Lucy Little and 15,000 shares to Renee Roberts in return for cash equal to the stock's Choose from any list or enter any number in the input fields and then continue to the next question. The partners who own Roberts Rafts Inc. wished to avoid the unlimited personal liability of the partnership form of business, so they incorporated as Roberts Rafts, Inc. The charter from the state of Utah authorizes the corporation to issue 150,000 shares of $3 par common stock. In its first month, Roberts Rafts, Inc., completed the following transactions: Click the icon to view the transactions.) Read the requirements Mar 9: Issued 7,000 shares of common stock to Lucy Little and 15,000 shares to Renee Roberts in return for cash equal to the stock's market value of $30 per share. The two women were partners in Roberts Rafts, Co. Journal Entry Date Accounts Debit Credit Mar 9 Mar 26: Issued 1,100 shares of common stock for $30 cash per share. Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question. The partners who own Roberts Rafts Inc. wished to avoid the unlimited personal liability of the partnership form of business, so the incorporated as Roberts Rafts, Inc. The charter from the state of Utah authorizes the corporation to issue 150,000 shares of $3 par common stock. In its first month, Roberts Rafts, Inc., completed the following transactions: Click the icon to view the transactions.) Read the requirements. Mar 26: Issued 1,100 shares of common stock for $30 cash per share. Journal Entry Accounts Date Debit Credit Mar 26 Requirement 2. Prepare the stockholders' equity section of the Roberts Rafts, Inc., balance sheet at March 31, 2019. The ending balance of Retained Earnings is $100,000. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2. Prepare the stockholders' equity section of the Roberts Rafts, Inc., balance sheet at March 31, 2019. The ending balance of Retained Earnings is $100,000. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Roberts Rafts, Inc. Balance Sheet (partial) March 31, 2019 Stockholders' Equity: par shares shares Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirements. NUDELS Rais, I. Balance Sheet (partial) March 31, 2019 Stockholders' Equity: par, shares shares Total paid-in capital Total stockholders' equity Choose from any list or enter any number in the input fields and then continue to the next