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Save Homework: Homework chapter 13 Score: 0 of 10 pts 1 of 6 (1 complete) E13-20 (similar to) HW Score: 50%, 50 of 100 p Question Help Alley Corporation recently organized. The company issued common stock to an inventor in exchange for a patent with a market value of $55,000. In addition, Alley received cash for 1,000 shares of its $20 par preferred stock at par value and 6,500 shares of its no par common stock at $50 per share. Without making journal entries, determine the total paid in capital created by these transactions. The total paid in capital created by these transactions amounts to $ Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check Answer Homework: Homework chapter 13 Save Score: 0 of 10 pts 6 2 of 6 (1 complete) HW Score: 50%, 50 of 100 p E13-24 (similar to) Question Help The charter of Oak Tree Corporation authorizes the issuance of 800 shares of preferred stock and 3,500 shares of common stock. During a two-month period, Oak Tree completed these stock-issuance transactions: Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar. 23: Issued 210 shares of $3 par value common stock for cash of $13 per share, Date Accounts and Explanation Debit Credit Mar 23 Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts 3 Check Answer Clear All remaining Homework chapter 13 2 of 6 (1 complete) HW Scor orporation authorizes the issuance of 800 shares of preferred stock and 3,500 shares of common stock. During a tw stock-issuance transactions: the transactions.) ne transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the s of * More Info Mar. 23 Issued 210 shares of $3 par value common stock for cash of $13 per share. Apr. 12 Received inventory with a market value of $24,000 and equipment with a market value of $15,000 for 350 shares of the $3 par value common stock. 17 Issued 800 shares of 7%, $10 par value preferred stock for $10 per share. Print Done enter any number in the input fields and then click Check Answer. Clear All Check mework chapter 13 2 of 6 (1 complete) HWS nauthorizes the issuance of 800 shares of preferred stock and 3,500 shares of common stock. Durin suance transactions: actions.) ctions in the general journal. (Record debits first, then credits. Select the explanation on the last line o i Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of the Oak Tree balance sheet as of April 30, 2018, for the transactions given in this exercise. Retained Earnings has a balance of $74,000 at April 30, 2018. Print Done my number in the input fields and then click Check Answer. Clear All
