Sierra Systems completed the following stock issuance transactions: Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sierra Systems? Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) June 19: Issued 1,800 shares of $2 par common stock for cash of $12.00 per share. Journal Entry Date Credit Accounts Debit Choose from any list or enter any number in the input fields and then continue to the next question. Sierra Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sierra Systems? Date Accounts Debit Credit Jun 19 Choose from any list or enter any number in the input fields and then continue to the next question. Sierra Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sierra Systems? July 3: Sold 300 shares of $2.50, no-par preferred stock for $15,000 cash. Journal Entry Date Accounts Debit Credit Jul 3 Choose from any list or enter any number in the input fields and then continue to the next question Sierra Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sierra Systems? Date Accounts Debit Credit Jul 3 Choose from any list or enter any number in the input fields and then continue to the next question. Sierra Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sierra Systems? July 11: Received inventory valued at $25,000 and equipment with market value of $18,000. Issued 12,000 shares of the $2 par common stock in exchange. Journal Entry Date Accounts Debit Credit Jul 11 Choose from any list or enter any number in the input fields and then continue to the next question. Sierra Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sierra Systems? Date Accounts Debit Credit Jul 11 Choose from any list or enter any number in the input fields and then continue to the next question. Sierra Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sierra Systems? Requirement 2. How much paid-in capital did these transactions generate for Sierra Systems? Total paid-in capital generated from these transactions amounts to $ Choose from any list or enter any number in the input fields and then continue to the next
