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3 pts The Harp Company was incorporated on and started business January 1.2020. Its charter allows it to sell 2.500.000 shares of Spur value common

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3 pts The Harp Company was incorporated on and started business January 1.2020. Its charter allows it to sell 2.500.000 shares of Spur value common stock. Use this information to answer the next five (5) questions Old family. 2030. Harpol 400.000 shares of common stock for $3.00 per share. Make the proper journal otty in good form. point BIVAATE* aaaxx - VT1120 Pwograph - Credit Date Jan 8 2020 Debit $1,200,000 Accounts title Cash Common Stock Pald in Capital in excess of par common $800,000 $400,00 MacBook Pro Question 42 1.5 pts Immediately after the January 8th transaction, Harp has how many shares a) authorized, b) issued and c) outstanding. Enter your answers below you can copy and paste these descriptive fields into your answer section (1/2 point each - 1 1/2 points maximum for this question) a) Authorized Shares bIssued Shares c) Outstanding Shares B 7 - A - IEE311xx EE TTTT 12pt Paragraph Question 44 3 pts On March 1, 2021. Harp sold 5,000 shares of its stock it had purchased the prior November. The selling price (market value) was 55 per shure. Make the proper journal entry in good form to record this stock sale (3 points) BIVA -A- IE3.x XDEE 2 V6 ST 114 12pt Paragraph Question 45 1.5 pts Immediately after the March 1st transaction, Harp has how many shares a) authorized, b) issued and c) outstanding. Enter your answers below - you can copy and paste these descriptive fields into your answer section (1/2 point cach - 1 1/2 points maximum for this question) a) Authorized Shares b) Issued Shares c) Outstanding Shares: BIVA X A - IE * 3 1 T TT 12pt Paragraph

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