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please help! says its still incomplete. dont know what im missing. i need help! asap. Required information Use the following information for Exercises 4-5 below.
please help! says its still incomplete. dont know what im missing. i need help! asap.
Required information Use the following information for Exercises 4-5 below. (Algo) [The following information applies to the questions displayed below.] Following are the issuances of stock transactions. 1. A corporation issued 9,000 shares of $10 par value common stock for $108,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,000. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,000. The stock has no stated value. 4. A corporation issued 2,250 shares of $75 par value preferred stock for $215,750 cash. Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accounting equation-specifically, identify the accounts and amounts (including + or - ) for each transaction. Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accounting equation-specifically, identify the accounts and amounts (including + or - ) for each transaction. Iance transactions LO P1 effect on the accounting equation-specifically, identify the accounts Step by Step Solution
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