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V a IMG_6951.HEIC View Zoom Share Search estion 1 of 5 Whispering Winds Corporation is authorized to issue 22.500 shares of $50 par value, 10%

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V a IMG_6951.HEIC View Zoom Share Search estion 1 of 5 Whispering Winds Corporation is authorized to issue 22.500 shares of $50 par value, 10% preferred stock and 130,000 $5 par value common stock. On January 1, 2020, the ledger contained the following stockholders' equity balances. Preferred Stock (10,500 shares) 5525,000 Pald-in Capital in Excess of Par Preferred Stock 73.500 Common Stock (68,500 shares) 342,500 Paid in Capital in Excess of Par-Common Stock 700,000 Retained Earrings 310.000 During 2020. the following transactions occurred Feb 1 Issued 2.000 shares of preferred stock for land having a fair value of $125.000 ud 1.300 shares of preferred stock for cash at $70 per share 1 How 1 16.000 shares of common stock for cash at 7 pershare med 400 shares of preferred stock format. The asking price of the patient was 2.000 Market price for the Deleted stock 570 and the value for the patient was indeterminat ved 1000 shares of common stock the cannot 57 so por sharma for the words wide 80 doa 11 A 2 * . % 5 3 |s.s 6 7 8 W E R. T U S 2 D G IMG_6952. HEIC a Zoom View Share Search Question 1 of 5 1.12 Enter the beginning balances in the accounts, and post the journal entries to the stockholders' equity accounts. (Post entries the order of journal entries presented in the previous part.) Preferred Stock Bal 525000 Fete 1 100000 Mart 5000 Deci 710000 Sept 1 20000 Dict 710000 Dec 31 ! 10000 Common Stock . 0000 De 1 De 95000 De 313 Paldin Capital in Excess of Par Preferred Stock 20 - 3 5 & 7 W E R T Y U P S D F G . Q IMG_6954.HEIC View Zoom Share Search education wiley.com W W NWP Assement Payer. Question 1 of 5 > 1.12/2 HII Dee3 4625000 TROTS 00 Paid-in Capital in Excess of Par-Preferred Stock Hal 73500 Feb. 1 25000 Mart 26000 Dec 132500 Sept. 1 80000 Dec 1 332500 Dec 31 123500 Pald-in Capital in Excess of Par-Common Stock . LORE 100000 752000 Dec 1 762000 Dect Retained Earnings PO DO due DE 11 $ 4 % 7 8 9 0 W E R T Y U Fv a IMG_6955.HEIC View Zoom Share Search education wiley.com WCH W NWP Assement Player Question 1 of 5 1.1212 Dec 1 132500 Dec 31 152500 Pald-in Capital in Excess of Par-Common Stock BAT 700000 July . 32000 Det 752000 Oct Dec 1 : 752000 Dec 12 2000 Retained Earnings B 1 3110 Deelt 570000 Dec. Det 370000 DC e Textbook and Media List of Accounts Attempts 2 o 3 used to E 90 2 3 $ 4 % 5 6 & 2 V a IMG_6951.HEIC View Zoom Share Search estion 1 of 5 Whispering Winds Corporation is authorized to issue 22.500 shares of $50 par value, 10% preferred stock and 130,000 $5 par value common stock. On January 1, 2020, the ledger contained the following stockholders' equity balances. Preferred Stock (10,500 shares) 5525,000 Pald-in Capital in Excess of Par Preferred Stock 73.500 Common Stock (68,500 shares) 342,500 Paid in Capital in Excess of Par-Common Stock 700,000 Retained Earrings 310.000 During 2020. the following transactions occurred Feb 1 Issued 2.000 shares of preferred stock for land having a fair value of $125.000 ud 1.300 shares of preferred stock for cash at $70 per share 1 How 1 16.000 shares of common stock for cash at 7 pershare med 400 shares of preferred stock format. The asking price of the patient was 2.000 Market price for the Deleted stock 570 and the value for the patient was indeterminat ved 1000 shares of common stock the cannot 57 so por sharma for the words wide 80 doa 11 A 2 * . % 5 3 |s.s 6 7 8 W E R. T U S 2 D G IMG_6952. HEIC a Zoom View Share Search Question 1 of 5 1.12 Enter the beginning balances in the accounts, and post the journal entries to the stockholders' equity accounts. (Post entries the order of journal entries presented in the previous part.) Preferred Stock Bal 525000 Fete 1 100000 Mart 5000 Deci 710000 Sept 1 20000 Dict 710000 Dec 31 ! 10000 Common Stock . 0000 De 1 De 95000 De 313 Paldin Capital in Excess of Par Preferred Stock 20 - 3 5 & 7 W E R T Y U P S D F G . Q IMG_6954.HEIC View Zoom Share Search education wiley.com W W NWP Assement Payer. Question 1 of 5 > 1.12/2 HII Dee3 4625000 TROTS 00 Paid-in Capital in Excess of Par-Preferred Stock Hal 73500 Feb. 1 25000 Mart 26000 Dec 132500 Sept. 1 80000 Dec 1 332500 Dec 31 123500 Pald-in Capital in Excess of Par-Common Stock . LORE 100000 752000 Dec 1 762000 Dect Retained Earnings PO DO due DE 11 $ 4 % 7 8 9 0 W E R T Y U Fv a IMG_6955.HEIC View Zoom Share Search education wiley.com WCH W NWP Assement Player Question 1 of 5 1.1212 Dec 1 132500 Dec 31 152500 Pald-in Capital in Excess of Par-Common Stock BAT 700000 July . 32000 Det 752000 Oct Dec 1 : 752000 Dec 12 2000 Retained Earnings B 1 3110 Deelt 570000 Dec. Det 370000 DC e Textbook and Media List of Accounts Attempts 2 o 3 used to E 90 2 3 $ 4 % 5 6 & 2

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