Question of
Marigold Corporation, a private corporation, was organized on February It is authorized to issue $ noncumulative preferred shares, and an unlimited number of common shares. The following transactions were completed during the first year:
Feb. Issued common shares at $ per share.
Mar. Issued preferred shares at $ per share.
Apr. Issued common shares for land. The land's asking price was $ and its appraised value was $
June Issued common shares at $ per share.
July Issued common shares to lawyers to pay for their bill of $ for services they performed in helping the comf
Sept. Issued common shares at $ per share.
Nov. Issued preferred shares at $ per share.
a
Joumalize the transactions. Credit account titles are automatioally indented when the amount is entared. Do not indent manually. If no entry is reguired, select No Entry" for the account titles and enter O for the amounts Record journal entries in the order presented in the problem. Listall debit entries before creditentries
Date
Account Titles
Debit
Credit
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