{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T03:32:06-04:00", "answer_date": "2024-06-28 03:32:06", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4230003", "url": "\/study-help\/questions\/retro-company-is-authorized-to-issue-10000-shares-of-8-4230003", "question_creation_date_js": "2024-06-28T03:32:06-04:00", "question_creation_date": "Jun 28, 2024 03:32 AM", "meta_title": "[Solved] Retro Company is authorized to issue 10,0 | SolutionInn", "meta_description": "Answer of - Retro Company is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000 shares of no-par | SolutionInn", "meta_keywords": "retro,company,authorized,issue,10,000,shares,8%,$100,par,value,preferred,stock", "question_title_h1": "Retro Company is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000 shares of no-par common stock with a stated", "question_title": "Retro Company is authorized to issue 10,000 shares of 8%, $100 par", "question_title_for_js_snippet": "Retro Company is authorized to issue 10,000 shares of 8 , $100 par value preferred stock and 500,000 shares of no par common stock with a stated value of $1 per share Retro issues 10,000 shares of common stock to pay its recent attorney's bill of $50,000 for legal services on a land access dispute Prepare the journal entry to record the issuance of stock", "question_description": "

Retro Company is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000 shares of no-par common stock with a stated value of $1 per share. Retro issues 10,000 shares of common stock to pay its recent attorney's bill of $50,000 for legal services on a land access dispute. Prepare the journal entry to record the issuance of stock<\/p>", "transcribed_text": "", "related_book": { "title": "Global Strategy", "isbn": "0357512367, 978-0357512364", "edition": "5th Edition", "authors": "Mike W. Peng", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/649592eaa157d_32303.jpg", "uri": "\/textbooks\/global-strategy-5th-edition-9780357512364", "see_more_uri": "" }, "free_related_book": { "isbn": "B086PMZL63", "uri": "\/textbooks\/invest-like-a-wall-street-analyst-1st-edition-979-8601172875-253620", "name": "Invest Like A Wall Street Analyst", "edition": "1st Edition" }, "question_posted": "2024-06-28 03:32:06", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/your-treasurer-is-new-to-the-job-and-has-just", "description": "Your treasurer is new to the job and has just noticed that your bonds are trading below par (i.e., at a discount). 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