The charter of Red me shares of common stock. During a two-month period, Red Maple completed these stock-issuance transactions: (Click the icon to view the transactions.) Read the requirements Apr. 12: Received inventory with a market value of $25,000 and equipment with a market value of $14,000 for 340 shares of the $2 par value common stock. Date Accounts and Explanation Debit Credit Apr. 12 Apr. 17: Issued 900 shares of 7%, $50 par value preferred stock for $50 per share Date Accounts and Explanation Debit Credit Apr. 17 Requirement 2. Prepare the stockholders' equity section of the Red Maple balance sheet as of April 30, 2018, for the transactions given in this exercise. Retained Earnings has a balance of $76,000 at April 30, 2018 25 AM 2/2020 Choose from any list or enter any number in the input fields and then continue to the next question ? F1 F2 F3 F4 F5 F6 @ # $ % 2 3 4 5 6 Read the requirements Requirement 2. Prepare the stockholders' equity section of the Red Maple balance sheet as of April 30, 2018, for the transactions given in this exercise. Retained Earnings has a balance of $76,000 at April 30, 2018 Red Maple Corporation Balance Sheet (Partial) April 30, 2018 Stockholders' Equity Paid-In Capital: Total Paid-In Capital Total Stockholders' Equity M 20 Choose from any list or enter any number in the input fields and then continue to the next question ? F1 F2 F3 F4 F5 F6 @ # $ % 2 3 4 5 6 14 the charter of Red Maple Corporation authorizes the issuance of 900 shares of preferred stock and 3,500 hares of common stock. During a two-month period, Red Maple completed these stock-issuance ansactions: i (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 he explanation on the last line of the journal entry table.) Mar. 23: Issued 200 shares of $2 par value common stock for cash of $14 per share. - X K - Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of the Red Maple balance sheet as of April 30, 2018, for the transactions given in this exercise. Retained Earnings has a balance of $76,000 at April 30, 2018. Print Done Anr 17. lees on where nf 79 en norske reforrer enn for en nar chora Choose from any list or enter any number in the input fields and then continue to the next question ? DIL F1 F2 F3 F4 F6 F5 The charter of Red Maple Corporation authorizes the issuance of 900 shares of preferred stock and 3,500 shares of common stock. During a two-month period, Red Maple 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 200 shares of S2 par value common stock for cash of S14 per share. Debit Accounts and Explanation Date Credit Mar. 23 I with a market value of Cash Common Stock-$2 Par Value Equipment Inventory Apr. 12: Recei Paid-In Capital in Excess of Par-Common $14,000 for 34 Paid-In Capital in Excess of ParPreferred Date Preferred Stock-$50 Par Value Retained Earnings Apr. 12 Treasury Stock-Common Debit Credit > 4 nr 17. leer annehare of 70% en norwaroforetank for en rar chore SAM 2020 Choose from any list or enter any number in the input fields and then continue to the next question ? DIL 74 FS F1 F2 F3 a # GA % Requirement 2. Prepare the stockholders' equity section of the Red Maple balance sheet 30, 2018, for the transactions given in this exercise. Retained Earnings has a balance of $ April 30, 2018 Red Maple Corporation Balance Sheet (Partial) April 30, 2018 Stockholders' Equity Paid-In Capital: 3,500 shares authorized, 540 shares issued and outstanding 900 shares authorized, issued, and outstanding Accumulated Depreciation-Equipment Common Stock-$2 Par Value; Cost of Goods Sold Equipment Inventory Paid-In Capital in Excess of Par-Common Preferred Stock-7%, $50 Par Value; Retained Earnings 11:26 AM 6/10/2020 nue to the ne F1 F2 F3 F4 F5 @ # $ % 2 3 4 5
