May 10 , a company issued for cash 1,300 shares of no-par common stock (with...
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May 10 , a company issued for cash 1,300 shares of no-par common stock (with a stated value of $5 ) at $16, and on May 15 , it issued for cash 4,000 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. If $359,000 of 8% bonds are issued at 94 , the amount of cash received from the sale is a. $387,720 b. $359,000 c. $337,460 d. $330,280 Journalize the entries in the partnership accounts for (a) Barton's investment and (b) Fallows's investment. If an amount box does not require an entry, leave it blank. May 10 , a company issued for cash 1,300 shares of no-par common stock (with a stated value of $5 ) at $16, and on May 15 , it issued for cash 4,000 shares of $18 par preferred stock at $60. ournalize 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
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