company issued for cash 1,600 -par common stoCK (With May 15, it issued for cash 6,000 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 10 May 15
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- A company issued 40 shares of $1 par value common stock for $5,000. The journal entry to record the transaction would include which of the following? A. debit of $4,000 to common stock B. credit of $20,000 to common stock C. credit of $40 to common stock D. debit of $20,000 to common stockOn May 10, a company issued for cash 2,000 shares of no-par common stock (with a stated value of $2) at $16, and on May 15, it issued for cash 3,000 shares of $15 par preferred stock at $60.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 10 May 15On May 10, a company issued for cash 1,500 shares of no-par common stock (with a stated value of $5) at $16, and on May 15, it issued for cash 5,000 shares of $18 par preferred stock at $60. 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 10 - Select - - Select - - Select - - Select - - Select - - Select - May 15 - Select - - Select - - Select - - Select - - Select - - Select -
- On May 10, a company issued for cash 1,600 shares of no-par common stock (with a stated value of $3) at $14, and on May 15, it issued for cash 1,000 shares of $16 par preferred stock at $58. 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.On April 1, 12,000 shares of $6 par common stock were issued at $22, and on April 7, 6,000 shares of $60 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. Date Account Debit Credit April 1 - Select - - Select - - Select - - Select - - Select - - Select - April 7 - Select - - Select - - Select - - Select - - Select - - Select -On May 10, Ayayai Corp. issues 1,000 shares of $4 par value common stock for cash at $11 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit May 10
- On April 1, 10,000 shares of $7 par common stock were issued at $24, and on April 7, 6,000 shares of $70 par preferred stock were issued at $106. Journalize the entries for April 1 and 7. If an amount box does not require an entry, leave it blank. Apr. 1 Apr. 7On May 10, Monty Corp. issues 1,900 shares of $4 par value common stock for cash at $13 per share.Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit May 10 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount enter an account titleOn May 10, Skysong, Inc. issues 2,200 shares of $5 par value common stock for cash at $15 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit May 10
- On May 10, Pronghorn Corp. issues 2,200 shares of $4 par value common stock for cash at $14 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation May 10 Debit CreditDelta Corporation issued 10,000 shares of no-par common stock for $1 per share on July 13. Record the stock issuance. (Check your spelling carefully and do not abbreviate. Be sure to include the type of stock in the account names where applicable. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Jul. 13On May 10, Blue Spruce Corporation issues 3,050 shares of $10 par value common stock for cash at $20 per share. Journalize the issuance of the stock. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation May 10 Debit Credit