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To expand operations, Aragon Consulting issued 1,300 shares of previously unissued common stock with a par value of $1. The price for the stock was

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To expand operations, Aragon Consulting issued 1,300 shares of previously unissued common stock with a par value of $1. The price for the stock was $50 per share. 1-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance. (Enter any decreases to account balances with a minus sign.) 1-b. Prepare the journal entry for the stock issuance. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 2-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance with a par value of $2. (Enter any decreases to account balances with a minus sign.) 2-b. Prepare the journal entry for the stock issuance, if the par value were $2 per share. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Reg 20 Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Cash 65 000 Stockholders' Equity Common Stock Additional Paid In Capital Common Stock 63 700 RegTA Reg 1B > Complete this question by entering your answers in the tabs below. Reals Reg 1A Req 2A Reg 2B Reg 1B Prepare the journal entry to the stock Issuance. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) No Transaction General Journal Credit 1 Cash Additional Paid In Capital, Common Stock 63 700 Debit Complete this question by entering your answers in the tabs below. Rey LA Reg 13 Keg 2 Reg 23 Complete the table below, indicating the account amount, and direction of the effect for the stock Issuance with a par value of $2. (Enter any decreases to account balances with Liabilities Stockholders' Equity Common Stock Additional Paid in Capital, Common Stock 62 400 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A wrea 2B Prepare the journal entry for the stock issuance, if the par value were $2 per share. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) No Transaction General Journal Debit Credit A 1 65 000 Cash Additional Paid-In Capital, Common Stock OO 62.400

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