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Waterway Company had the following transactions. 1. Issued 4,200 shares of common stock with a stated value of $10 for $138,000. 2. Issued 2,000 shares
Waterway Company had the following transactions. 1. Issued 4,200 shares of common stock with a stated value of $10 for $138,000. 2. Issued 2,000 shares of $100 par preferred stock at $107 for cash. Prepare the journal entries to record the above stock transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) N Attempts: 0 of 1 used Prepare the necessary journal entry for each of the following transactions for Bonita Corporation. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (a) Issued 2,100 shares of its \$10 par value common stock for $20 per share. (b) Issued 5,600 shares of its stock for land advertised for sale at $94,000. Bonita's stock is currently actively traded at a market price of $16 per share. Waterway Company had the following transactions. 1. Issued 4,200 shares of common stock with a stated value of $10 for $138,000. 2. Issued 2,000 shares of $100 par preferred stock at $107 for cash. Prepare the journal entries to record the above stock transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) N Attempts: 0 of 1 used Prepare the necessary journal entry for each of the following transactions for Bonita Corporation. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (a) Issued 2,100 shares of its \$10 par value common stock for $20 per share. (b) Issued 5,600 shares of its stock for land advertised for sale at $94,000. Bonita's stock is currently actively traded at a market price of $16 per share
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