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Raymond Corp. issued 1,400 shares of common stock. Prepare the entry for the Issuance if the stock had a stated value of $5 per share
Raymond Corp. issued 1,400 shares of common stock. Prepare the entry for the Issuance if the stock had a stated value of $5 per share and was issued for a total of $35,000 List debit transactions first and then list credit transactions. Use accounts provided in the Chart of Accounts above. Do NOT create your own account. When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign Assets Cash Accounts Receivable Chart of Accounts Liabilities Accounts Payable Unearned Revenue Allowance for Doubtful Interest Payable Accounts Taxes Payable Notes Payable Inventory Supplies Prepaid Insurance Equipment Building Land Stockholders' Equity Common Stock Additional Paid-In Capital from Common Stock Preferred Stock Additional Paid-In Capital from Preferred Stock Treasury Stock Additional Paid-In Capital from Treasury Stock Retained Earnings Sales Revenue Advertising Expense Wams and Salaries B " 34 63 E A 10 X D dt 35 H and R LL F A 6 91 41 A 47 8 T Y J " W A -9 1 -O G H J K C V B N M L V- H comma
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