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pls help quicklyy these stock-issuancis tranciactions (i) (Click the kon to vew the transactions) Reod the tequroments Mar. 23 tweed 200 shares of 53 par
pls help quicklyy
these stock-issuancis tranciactions (i) (Click the kon to vew the transactions) Reod the tequroments Mar. 23 tweed 200 shares of 53 par value cuenenen stock for cash of 5 te per Share. Mar. 23 Issued 200 shares of $3 par value common stock for cash of $.16 per share. Apr. 12 Received inventory with a market value of $25,000 and equipment with a market value of $18,000 for 350 shares of the $3 par value common stock Apr. 17 Issued 1,000 shares of 7%,$30 par value preferred stock for $30 per share. 1. Record the transactions in the general journal 2. Prepare the stockholders' equity section of the Cherry Blossom balance sheet as of April 30,2024, for the transactions given in this exercise. Retained Earnings has a balance of $70,000 at April 30, 2024 Step by Step Solution
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