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Please Note that A has to match B Explanation sections Aug 01 P11-1B of 6%, $40 par value preferred stock, and 500.000 shares of no-par

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Please Note that A has to match B Explanation sections

Aug 01 P11-1B of 6%, $40 par value preferred stock, and 500.000 shares of no-par common stock with a stated value of $2 per share. These stock trar Corp was organized on JAN 1, 2017. It is authorized to issue 20,000 shares Sept 01 during the first year were Issued 100,000 shares of common stock for cash at $3 per share Issued 10,000 shares of preferred stock for cash at $55 per share Jan10 Mar 1 Apr.1 Issued 25,000 shares of common stock for land. The asking price of the land was Nov 01 $90,000. The company's estimate of fair value of the land was $75,000 Issued 75,000 shares of common stock for cash at $4 per share May1 Aug 1 Issued 10,000 shares of common stock to attormeys in payment of their bill for $50,000 for services performed in helping the company organize Sept.1 Issued 5,000 shares of common stock for cash at $6 per share. Nov.1 Issued 2,000 shares of preferred stock for cash at $60 per share More Below Nov 01 Working Papers Belovw PROBLEM 11-1B (Working Papers) Jan 10 Jan 10 Apr 01 May 01 10 Aug 01 authorized to issue 20,000 shares -par common stock with a stated ed during the first year t $3 per share t $55 per share he asking price of the land was the land was $75,000 at $4 per share. eys in payment of their bill for mpany organize at $6 per share Sept 01 Nov 01 More Below at $80 per Debir Date Nov 01 01 Apr 01 May 01 Aug 01 Sept 01 P11-4B P11-4B On January 1, 2014, Lamar Corporation had these stockholders' equit Common Stock ($20 par value, 80,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value Retained Earnings During the year, the following transactions occutred $1,600,000 240.000 750,000 P11-1B Mendoza Corp was organized on JAN 1, 2017, lt is authorized to issue 20,000 shares 6% S40 par value preferred stock, and 500,000 shares of no par common stock with a stated value of $2 per share. These stock transactions were completed during the first year Sept 01 Jan10 Issued 100,000 shares of common stock for cash at $3 per share Mar 1 Issued 10,000 shares of preferred stock for cash at $55 per share Nov 01 Issued 25,000 shares of common stock for land The asking price of the land was I $90,000. The company's estimate of fair value of the land was $75,000 Apr 1 May1 Issued 75,000 shares of common stock for cash at $4 per share Aug.1 Issued 10,000 shares of common stock to attomeys in payment of their bill for $50,000 for services performed in helping the company organize Sept 1 Issued 5,000 shares of common stock for cash at $6 per share Nov.1 Issued 2,000 shares of preferred stock for cash at $60 per share More Below (b) Post to the stockholders' equity accounts Nov 01 Working Papers Below PROBLEM 11-1B (Working Papers) Paid-In Date 0 Jan 10 Mar 01 Apr 01 or p 10

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