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Zone Stores is authorized to issue 12,000 shares of common stock. During a two-month period, Zone completed these stock transactions: (Click the icon to view
Zone Stores is authorized to issue 12,000 shares of common stock. During a two-month period, Zone completed these stock transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize the transactions. Begin by journalize the transaction on June 23. (Record debits first, then credits. Exclude explanations - X Data Table Journal Entry Accounts Date Debit Credit June 23 Cash Common Stock June Paid-in Capital in Excess of Par - Common Aug 23 Issued 3,200 shares of $6.00 par common stock for cash of $13.00 per share. 12 Received inventory with a market value of $18,000 and equipment with market value of $45,000 for 3,700 shares of the $6.00 par common stock. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts remaining Clear All Check
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