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prepare journal entries forbthe following four seperate issuances of stock Saved Prepare journal entries to record the following four separate issuances of stock 1. A
prepare journal entries forbthe following four seperate issuances of stock
Saved Prepare journal entries to record the following four separate issuances of stock 1. A corporation issued 3,000 shares of $10 par value common stock for $36,000 cash 2. A corporation issued 1,500-shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $58,000. The stock has a $4 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $58,000. The stock has no stated value 4. A corporation issued 750 shares of $75 par value preferred stock for $114,250 cash View transaction list Journal entry worksheet 2 4 3 Record the issue of 3,000 shares of $10 par value common stock for $36,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Prev 1 of 6 Next > Step by Step Solution
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