Hi, can someone help me with these questions please ? ...
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Accounting
Hi, can someone help me with these questions please ?
Question 1 1 pts On July 28, our company issues 1,000 shares of $5 par value common stock in exchange for $60,000 cash and $20,000 of equipment. You are preparing the journal entry. The dollar amount for Paid-in-Capital, in Excess of Par Value, common stock account is? Question 2 1 pts On November 7, our company declared a $1.00 per share cash dividend on 50,000 shares of $3 par value common stock outstanding to be paid on December 10 to stockholders of record as of November 30. The dollar amount of the dividend is? Question 3 1 pts Our company has no Treasury Stock. On January 25, we purchased 5,000 shares of treasury stock (our own stock) for $30 a share. The journal entry was made. On July 6, we sell 1,000 shares of treasury stock for $50 a share. The dollar amount for Treasury Stock, common account is
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