Question
Part 1: Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 20Y8, were as follows: Journalize the selected transactions. If
Part 1:\ Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 20Y8, were as follows:\ Journalize the selected transactions.\ If no entry is required, select "No entry required" from the dropdown and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.\ a. Issued 15,000 shares of
$20
par common stock at
$30
, receiving cash.\ b. Issued 4,000 shares of
$80
par preferred
5%
stock at
$100
, receiving cash.\ \\\\table[[Description,Debit,Credit],[
=
,,],[
^()
,,]]\ c. Issued
$500,000
of 10-year,
5%
bonds at 104 , with interest payable semiannually.
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