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Please answer in same formatting. Sasha Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions.
Please answer in same formatting.
Sasha Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sasha Systems? Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any jounal entries) May 19: Issued 1,400 shares of $1 par value common stock for cash of $9.00 per share. Date Accounts Debit Credit May 19 Jun. 3: Issued 200 shares of $7, no-par preferred stock for $10,000 cash. Date Accounts Debit Credit Jun. 3 Choose from any list or enter any number in the input fields and then continue to the next question More Info 1 May 19 Issued 1,400 shares of $1 par value common stock for cash of $9.00 per share. Jun. 3 Isssued 200 shares of $7, no-par preferred stock for $10,000 cash. 11 Received equipment with a market value of $74,000 in exchange for 7,000 shares of the $1 par value common stock. Print Done Jun. 3: Issued 200 shares of $7, no-par preferred stock for $10,000 cash. Date Accounts Debit Credit Jun. 3 Jun. 11: Received equipment with a market value of $74,000 in exchange for 7,000 shares of the $1 par value common stock. Date Accounts Debit Credit Jun. 11 Requirement 2. How much paid-in capital did these transactions generate for Sasha Systems? Total paid-in capital generated from these transactions amounts to $Step by Step Solution
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