Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $20 par value common stock for $216.000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has no stated value. 4. A corporation issued 2,250 shares of $100 par value preferred stock for $281,000 cash. View transaction list Journal entry worksheet B C D Record the issue of 9,000 shares of $20 par value common stock for $216,000 cash Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $20 par value common stock for $216,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has no stated value. 4. A corporation issued 2,250 shares of $100 par value preferred stock for $281,000 cash. View transaction list Journal entry worksheet MacBook Air Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $20 par value common stock for $216,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has no stated value. 4. A corporation issued 2,250 shares of $100 par value preferred stock for $281,000 cash. View transaction list Journal entry worksheet TED Record the issue of 4,500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has no stated value. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Prev 1 of 7 !!! Next > Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $20 par value common stock for $216,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has no stated value. 4. A corporation issued 2,250 shares of $100 par value preferred stock for $281,000 cash. View transaction list Journal entry worksheet Record the issue of 2,250 shares of $100 par value preferred stock for $281,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Prev 1 of 7 !! Next >
