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Check my wo 2 Required information [The following information applies to the questions displayed below.) 0.75 points Following are the issuances of stock transactions eBook
Check my wo 2 Required information [The following information applies to the questions displayed below.) 0.75 points Following are the issuances of stock transactions eBook Hint 1. A corporation issued 4,000 shares of $5 par value common stock for $35,000 cash 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts estimated to be worth $40,000. The stock has a $1 per share stated value. 3. A corporation issued 2.000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40.000. The stock has no stated value 4. A corporation issued 1.000 shares of $50 par value preferred stock for $60.000 cash Print References Prepare journal entries to record each of the following four separate issuances of stock
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