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QUESTION 5 On January 23, Zentic Corporation-issued for cash $180,000 shares of no-par common stock at $4. On February 14, Zentic Corporation issued at

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QUESTION 5 On January 23, Zentic Corporation-issued for cash $180,000 shares of no-par common stock at $4. On February 14, Zentic Corporation issued at par value 44,000 shares of preferred 25 stock, $55 par for cash. On August 20, Zentic Corporation issued for cash 9,000 shares of preferred 2% stock $55 par at $60 Journalize the entry to record the August 30th activity

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