prepare journal entries to record each of the following four separate insurance of stock

1 Exercise 11-4 Recording stock issuances LO P1 80 points Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation Issued 5,000 shares of $10 par value common stock for $60,000 cash. 2. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $23,000. The stock has a $1 per share stated value. 3. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth 4. A corporation issued 1.250 shares of $100 par value preferred stock for $148,000 cash. eBook Hint View transaction list Print Journal entry worksheet B C D > References Record the issue of 5,000 shares of $10 par value common stock for $60,000 cash Note: Enter debits before credits Transaction General Journal Debit Credit 1 Ch 11: Homework Sard Help Save & Exit Check 1 Exercise 11-4 Recording stock Issuances LO P1 80 points Prepare journal entries to record each of the following four separate issuances of stock 1. A corporation issued 5,000 shares of $10 par value common stock for $60,000 cash 2. A corporation Issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $23,000. The stock has a $1 per share stated value. 3. A corporation issued 2,500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $23,000. The stock has no stated value. 4. A corporation issued 1.250 shares of $100 per value preferred stock for $148,000 cash. Hot View transaction list Priet Journal entry worksheet