subject
Business, 26.03.2021 01:00 shyyyy13

Prepare journal entries to record each of the following four separate issuances of stock. A corporation issued 2,000 shares of $30 par value common stock for $72,000 cash. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $31,000. The stock has a $3 per share stated value. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $31,000. The stock has no stated value. A corporation issued 500 shares of $100 par value preferred stock for $81,000 cash.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:00
T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow
Answers: 1
question
Business, 22.06.2019 22:50
What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage
Answers: 1
question
Business, 23.06.2019 00:30
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 2
question
Business, 23.06.2019 03:00
If big macs were a durable good that could be costlessly transported between countries, which of the following would present an arbitrage opportunity? check all that apply. exporting big macs from argentina to the united states. exporting big macs from the united kingdom to poland. exporting big macs from switzerland to china
Answers: 1
You know the right answer?
Prepare journal entries to record each of the following four separate issuances of stock. A corporat...
Questions
Questions on the website: 13722363