Read the requirements

1.) Record the transactions in the general journal.

2.) Prepare the stockholders' equity section of the Maple Leaf balance sheet as of April 30,2018, for the transactions given in this exercise. Retained Earnings has a balance of $75,000 at April 30, 2018.

The charter of Maple Leaf Corporation authorizes the issuance of 800 shares of preferred stock and 2,500 shares of common stock. During a two-month period Maple Leaf completed these stock-issuance transactions: (Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar. 23: Issued 270 shares of $4 par value common stock for cash of $19 per share. Date Accounts and Explanation DebitCredit Mar. 23 hoose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check