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Wildhorse Corporation was organized on January 1 , 2 0 2 7 . It is authorized to issue 1 9 , 7 0 0 shares
Wildhorse Corporation was organized on January It is authorized to issue shares of $ par value preferred stock. and shares of nopar common stock with a stated value of $ per share. The following stock transactions were completed during the first year.
Jan. Issued shares of common stock for cash at $ per share.
Mar. Issued shares of preferred stock for cash at $ per share.
May Issued shares of common stock for cash at $ per share.
Sept. Issued shares of common stock for cash at $ per share.
Nov. Issued shares of preferred stock for cash at $ per share.
a
Prepare a tabular summary to record the transactions. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign or parentheses in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.
tableAssets,Liabilities,Cash,Common Stock,tableSaidinCStatedJan $$Mar May
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