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Question 4 of 18 < > 0.67/1 E View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Blue Corporation
Question 4 of 18 < > 0.67/1 E View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Blue Corporation issued 316 shares of $10 par value ordinary shares and 139 shares of $50 par value preference shares for a lump sum of $18,198. The ordinary shares have a market price of $20 per share, and the preference shares have a market price of $100 per share. Prepare the journal entry to record the issuance. (Round intermediate calculations to 6 decimal places, eg. 0.546872 and final answers to O decimal places, e.g. 1,520. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Cash Share Capital-Ordinary Share Premium-Ordinary Share Capital-Preference Share Premium-Preference eTextbook and Media Debit 18198 Credit 3160 3160 13900 2528 List of Accounts Save for Later Last saved 6 minutes ago. Attempts: 1 of 2 used Submit Answer
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