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Please help me solve for a, b, c, exactly as shown. Thank you so much! (a) Date Account Titles and Explanation Debit Debit Credit Credit
Please help me solve for a, b, c, exactly as shown. Thank you so much!
(a) Date Account Titles and Explanation Debit Debit Credit Credit Prost to the stockholders' eralitv accru Ints (Pnst entries in the noder of inumal entries nrecented in the orevious part.) the first year. Jan. 10 Issued 85,000 shares of common stock for cash at \\( \\$ 4 \\) per share. Mar. 1 Issued 5,150 shares of preferred stock for cash at \\( \\$ 110 \\) per share. Apr. 1 Issued 22,000 shares of common stock for land. The asking price of the land was \\( \\$ 90,000 \\). The fair value of the land was \\( \\$ 84,000 \\). May 1 Issued 78,000 shares of common stock for cash at \\( \\$ 5.25 \\) per share. Aug. 1 Issued 11,000 shares of common stock to attorneys in payment of their bill of \\( \\$ 43,000 \\) for services performed in helping the company organize. Sept. 1 Issued 12,000 shares of common stock for cash at \\$7 per share. Nov. 1 Issued 1,000 shares of preferred stock for cash at \\( \\$ 113 \\) per share. Prepare the paid-in capital section of stockholders' equity at December 31, 2022. (Enter the account name only and do not provide the descriptive info BRIDGEPORT CORPORATION Balance Sheet (Partial) \\( \\$ \\) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common StockStep by Step Solution
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