please fill the pictures in: Rodriguez Corporation Issues 8,000 shares of Its common stock for $101,600 cash on February 20. Prepare Joural entries to record this event under each of the following separate situations 1. The stock has a $10 par value. 2 The stock has nether par nor stated value. 3. The stock has a $5 stated value
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- arch < Apr. 7 v2.cengagenow.com Apps Dashboard | Georgia Northwestern Technical Coll... 000 000 00000 Bb My Grades-ACCT1105: Financial Accounting II (... On April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104. Journalize the entries for April 1 and 7. If an amount box does not require an entry, leave it blank. Apr. 1 C CengageNOWV2 | Online teaching andRequired information Use the following information for Exercises 4-5 below. (Algo) [The following information applies to the questions displayed below.] Following are the issuances of stock transactions. 1. A corporation issued 2,000 shares of $10 par value common stock for $24,000 cash. 2. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has a $3 per share stated value. 3. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has no stated value. 4. A corporation issued 500 shares of $50 par value preferred stock for $58,500 cash. Exercise 11-4 (Algo) Recording stock issuances LO P1 Prepare journal entries to record each of the following four separate issuances of stock. Journal entry worksheet LiSign In Topic: Practice Quiz... E17 1 2 3 5 2 100% 4 5 6 7 8 9 10 11 12 13 14 Untitled spreadsheet File Edit View Insert Format Data Tools Extensions Help 15 1/ Y - fx A B ▼ $ % C .0 .00 123 D Defaul... Y E - Journalize the transactions 10 + F Jan. 3 Issued 15,000 shares of common stock at $23 per share for cash. Mar. 15 Issued 2,000 shares of preferred stock at $56 for cash. BI A G 4. 88 53 H 41 E EPA- J A corporation was organized on January 1 of the current year, with authorization of 20,000 shares of 4%, $12 par preferred stock, and 100,000 shares of $3 par common stock. The following selected transactions were completed during the first year of operations: ; Feb. 24 Issued 20,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $65,000, $120,000, and $45,000 respectively. 31 Issued 200 shares of common stock to an attorney in payment of legal fees for organizing the corporation. The value of the stock at the time of payment was $25…
- eBook Show Me How Calculator E Print Item Entries for Issuing stock Instructions Chart of Accounts Journal Instructions X. On May 23, Stoltz Realty Inc. issued for cash 111,000 shares of no-par common stock (with a stated value of $5) at $8. On July 6, Stoltz Realty Inc. issued at par value 35,000 shares of preferred 1% stock, $10 par for cash. On September 15, Stoltz Realty Inc. issued for cash 20,000 shares of preferred 1% stock, $10 par at $11. Journalize the entries to record the May 23, July 6, and September 15 transactions. Refer to the Chart of Accounts for exact wording of account tides. eck My Work 3 more Check My Work uses remaining. Previous Nexilm/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator3D&inprogress%3Dfalse 一 eBook Show Me How Entries for Issuing Stock On January 22, Muir Corporation issued for cash 30,000 shares of no-par common stock at $45. On February 14, Muir issued at par value 3,000 shares of preferred 8% stock, $60 par for cash. On August 30, Muir issued for cash 31,000 shares of preferred 8% stock, $60 par at $64. Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it blank. Jan. 22 Accounts Receivable Cash Common Stock Paid-In Capital in Excess of Par-Preferred Stock Preferred Stock Retained Earnings Check My Work Next 8:55 AM 11/17/2020X collected in full the balance of subscription receivable of P187.500 for the total subscription of 10,000 P25 par common stocks. The journal entry to record the issuance of certificates under journal entry method will require a a. debit to subscribed capital of P187,500. b. debit to subscribed capital of P 200,000, C. credit to unissued stock of P 250,000. d. credit to capital stock of P187.500.NOWV2 |Online teachir X A Login Irn/takeAssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator=&inprogre.. pok Show Me How 41,000 asury Stock Balance Sheet Stockholders' Equity raid-in capital: Common Stock, $30 Par (80,000 Shares Authorized, 48,000 Shares Issued) 1,440,000 480,000 Excess of Issue Price Over Par 1,920,000 Paid-in capital, common stock 72,000 From Sale of Treasury Stock 1,992,000 Total paid-fn capital Retained Earnings 677,000 Total 41,000 Treasury Stock Total stockholders' equity Feedback Check My Work Recall that paid-in capital reflects the total amount that has been paid into the business by the stockholders for ownership in the corporation. Previous Check My Work 52°F SunnyCengageNOWv2 | Online teachin x A Login w.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre... еВook Show Me How Reporting Stockholders Equity Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. 80,000 shares of common stock authorized, and 1,000 shares have been reacquired. Common Stock, $30 par $1,440,000 Paid-In Capital from Sale of Treasury Stock 72,000 Paid-In Capital in Excess of Par-Common Stock 480,000 Retained Earnings 677,000 Treasury Stock 41,000 • Balance Sheet Stockholders' Equity Paid-in capital: Paid-in capital, common stock Total paid-in capital Total Previou Check My Work %23arch v2.cengagenow.com Apps Dashboard | Georgia Northwestern Technical Coll... May 15 Bb My Grades - ACCT1105: Financial Accounting II (... 0000 10 Û + On May 10, a company issued for cash 1,500 shares of no-par common stock (with a stated value of $2) at $14, and on May 15, it issued for cash 2,000 shares of $15 par preferred stock at $58. C CengageNOWv2 | Online teaching and learning resou Journalize the entries for May 10 and 15, assuming that the common stock is to be credited with the stated value. If an amount box does not require an entry, leave it blank. May 10Un=nttps%253A%252F%252Flms.mheducation.com%252F... Pa hapter 16, 17, 18) 6 Saved Help Save & Exit Submit The shareholders' equity section of Time Company's comparative balance sheets for the years ended December 31, 2021 and 2020, reported the following data: ($ in millions) 2021 2020 $600 300 600 $612 Common stock, $1 par per share Paid-in capital-excess of par Retained earnings 348 628 During 2021, Time declared and paid cash dividends of $90 million. The company also declared and issued a small stock dividend. No other changes occurred in shares outstanding during 2021. What was Time's net income for 2021? Multiple Choice $28 million $130 million $118 million Next 30 of 39 < Prev Question no...pages nagesPrepare entries to record the following: a. Issued 1,000 shares of $10 par common stock at $56. If an amount box does not require an entry, leave it blank. fill in the blank 521a3d0cc058fad_2 fill in the blank 521a3d0cc058fad_3 fill in the blank 521a3d0cc058fad_5 fill in the blank 521a3d0cc058fad_6 fill in the blank 521a3d0cc058fad_8 fill in the blank 521a3d0cc058fad_9 b. Issued 1,400 shares of $10 par common stock in exchange for equipment with a fair market price of $21,000. If an amount box does not require an entry, leave it blank. fill in the blank 3d721bfa9030007_2 fill in the blank 3d721bfa9030007_3 fill in the blank 3d721bfa9030007_5 fill in the blank 3d721bfa9030007_6 fill in the blank 3d721bfa9030007_8 fill in the blank 3d721bfa9030007_9 c. Purchased 100 shares of treasury stock at $25. If an amount box does not require an entry, leave it blank. fill in the blank b4d176082050040_2 fill in the…SEE MORE QUESTIONS