Prepare the journal entry to record Jevonte Company’s issuance of 41,000 shares of its common stock assuming the shares have a:   $3 par value and sell for $19 cash per share. $3 stated value and sell for $19 cash per share

Top Dog, Inc. has 13,000 shares of $1 par value common stock outstanding. Top Dog, Inc. distributes a 15% stock dividend when the market value of its stock is $18 per share. Read the requirements. Requirement 1. Journalize Top Dog, Inc.'s declaration of the stock dividend on May 15 and distribution on May 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by journalizing the declaration of the stock dividend on May 15. Ad punts and Explanation Date May. 15 Requirements Debit 1. Journalize Top Dog, Inc.'s declaration of the stock dividend on May 15 and distribution on May 31. 2. What is the overall effect of the stock dividend on Top Dog, Inc.'s total assets? 3. What is the overall effect on total stockholders' equity? Credit X

MJH Company issued 75 shares of stock with a par value of $5 per share for $7 a share.  The entry to journalize this would include:     a debit to common stock of $375     none of the above     a credit to cash of $525     a debit to paid in capital in exess of par for $150

Rodriguez Corporation issues 17,000 shares of its common stock for $288,000 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $16 par value. 2. The stock has neither par nor stated value. 3. The stock has a $8 stated value. View transaction list Journal entry worksheet > A B C Record the issue of 17,000 shares of $16 par value common stock for $288,000 cash. Note: Enter debits before credits. Transaction 1 Cash General Journal Debit Credit >