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Osage Corporation issued 1, 100 shares of stock. Prepare the entry for the issuance under the following assumptions. (a) The stock had a par value
Osage Corporation issued 1, 100 shares of stock. Prepare the entry for the issuance under the following assumptions. (a) The stock had a par value of $5 per share and was issued for a total of $51,000. (b) The stock had a stated value of $5 per share and was issued for a total of $51,000. (c) The stock had no par or stated value and was issued for a total of $51,000. (d) The stock had a par value of $5 per share and was issued to attorneys for services during incorporation valued at $51,000. (e) The stock had a par value of $5 per share and was issued for land worth $51,000
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