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The charter of E v e r g r e e n Corporation authorizes the issuance of 9 0 0 shares of preferred stock and

The charter of
Evergreen
Corporation authorizes the issuance of
900
shares of preferred stock and
1,400
shares of common stock. During a two-month period,
Evergreen
completed these stock-issuance transactions:
Requirement 1. Record the transactions in the general journal.
Requirement 2. Prepare the stockholders' equity section of the
Evergreen
balance sheet as of
April
30,
2024,
for the transactions given in this exercise. Retained Earnings has a balance of
$73,000
at
April
30,
2024.

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The charter of groen Corporation authorizes the issuance of 500 shares of preferred stock and 1400 rares of common ock. During two month period, Evertroon cometendon stock marca rectora Click the icon to vw the transactions Read the Requirement 1. Record ne transactions in the general pouma (Record debts fest, Den creden. Select the explanation on the last line of the journal entry table) Mw 23 230 shares of $3 par value common stock for cash of $15 per here Date Accounts and Explanation Debit Credit Mer 23 Cash 3,450 Requirements Common Stock-5) Perlu Paldin Capital in Excess of Par-Common 2.750 1. Record Vanacions in the general 2. Prepare the stockholders' equity ion of the Evergreen balance sheet of and common stock for cash April 30, 2014. for transactions on in this retained Earnings has a balance 573.000 A 30 2024 Apr 12 Received Inventory with a market value of $27,000 and equpment with a market value of 519,000 for 320 shes of the 53 par va Date Accounts and Explanation Debit Credit Apr 12 Inventory 27.000 Print Done Equipment 19.000 Paid-in Capital in Excess of Par-Common 45.040 Common Stock-53 Par Value 980 Lue common Mock for investory and want Mar 23 Issued 230 for cash of 15 per her Apr 12 Roviny w 131 000 and equipment man Apr. 17. ved 200 shares of 8% 320 par value preferred stock for $20 perware value of 599.00 320 ore common stock Date Accounts and Explanation Debat Credit Ap 17 Issued as of 20 pred stock for $20 per A 12 18.000 Print Done Help me solve this Etext pages Get more help t - X Requirements 690 760 1. Record the transactions in the general journal 2. Prepare the stockholders' equity section of the Evergreen balance sheet as of April 30, 2024, for the transactions given in this exercise. Retained Earnings has a balance of $73,000 at April 30, 2024 O for 320 shares of the $3 par va lit Print Done 5,040 960 Mar. 23 Apr. 12 Issued 230 shares of $3 par value common stock for cash of $15 per share. Received inventory with a market value of $27.000 and equipment with a market value of $19,000 for 320 shares of the $3 par value common stock. Issued 900 shares of 5%. $20 par value preferred stock for $20 per share. dit Apr. 17 Roon Print Done MacBook Air Issued proferred stock for cash. Requirement 2. Prepare the stockholders' equity section of the Evergreen balance sheet as of April 30, 2024, for the transactions Evergreen Corporation Balance Shoot (Partial) April 30, 2024 Stockholders' Equity Paid-In Capital: Preferred Stock-5%, $20 Par Value; 900 shares authorized, issued, and outstanding 18,000 Common Stock-$3 Par Value; 1,400 shares authorized, 550 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity

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