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The following was in the financial press pertaining to Jackson International: April 1, 2015-Jackson International's (JCK) stock was sold for $24 per share during its
The following was in the financial press pertaining to Jackson International: April 1, 2015-Jackson International's (JCK) stock was sold for $24 per share during its opening day of trading. Jackson sold 70 million shares at its IPO. value 20.00 point:s Required information You did not receive full credit for this question in a previous attempt Required 1. Record the issuance of stock, assuming the stock was no-par value common stock.If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter yo answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) View transaction list Journal entry worksheet Record the issuance of stock, assuming the stock was no-par value common stock Note: Enter debits before credits. General Journal Debit Credit a. Common stock 2. Record the issuance of stock, assuming the common stock had a par value of $1 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 5,000,000 should be entered as 5).) View transaction list Journal entry worksheet Record the issuance of stock, assuming the common stock had a par value of $1 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal
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