Entries for issuing par stock Instructions Chart of Accounts Instructions Journal Final Question On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 210,000 shares of $30 par common stock at $34, and on February 27, it issued for cash 15,000 shares of preferred stock, $9 par at $12. Required: a. Journalize the entries for January 22 and February 27. Refer to the Chart of Accounts for exact wording of account titles. b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27?

Entries for issuing par stock Instructions Chart of Accounts Instructions Journal Final Question On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 210,000 shares of $30 par common stock at $34, and on February 27, it issued for cash 15,000 shares of preferred stock, $9 par at $12. Required: a. Journalize the entries for January 22 and February 27. Refer to the Chart of Accounts for exact wording of account titles. b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27?

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter13: Corporations: Organization, Stock Transactions, And Dividends

Section: Chapter Questions

Problem 22E

See similar textbooks

Similar questions

Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 320,000 shares of $5 par common stock at $12, and on November 19, it issued for cash 45,000 shares of preferred stock, $60 par at $72. Question Content Area a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Oct. 31 Cash Cash Common Stock Common Stock Paid-In Capital in Excess of Par-Common Stock Paid-In Capital in Excess of Par-Common Stock Nov. 19 - Select - - Select - - Select - - Select - - Select - - Select - Feedback Area Question Content Area b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19?$fill in the blank
Entries for Isuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 110,000 shares of $4 par common stock at $8, and on November 19, it issued for cash 55,000 shares of preferred stock, $18 par at $61. a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Oct. 31 Nov. 19 b. What is the total amount invested (total paid-in capital) by all stockholders, as of November 197
Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 150,000 shares of $5 par common stock at $8, and on November 19, it issued for cash 35,000 shares of preferred stock, $20 par at $68. Question Content Area a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Oct. 31 - Select - - Select - - Select - - Select - - Select - - Select - Nov. 19 - Select - - Select - - Select - - Select - - Select - - Select - Question Content Area b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19?$fill in the blank 6fb08b024fa0fc7_1
Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 110,000 shares of $8 par common stock at $12, and on November 19, it issued for cash 35,000 shares of preferred stock, $10 par at $34. a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Oct. 31 Nov. 19 b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19?
ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 140,000 shares of $8 par common stock at $10, and on November 19, it issued for cash 40,000 shares of preferred stock, $12 par at $41. a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Oct. 31 Nov. 19 Cash Paid-In Capital in Excess of Par-Common Stock Paid-In Capital in Excess of Par-Preferred Stock b. What ispreferred Stock by all stockholders as of November 19?
Entries for issuing par stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 25,000 shares of $20 par common stock at $68, and on February 27, it issued for cash 100,000 shares of preferred stock, $5 par at $9. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. Jan. 22 Feb. 27 b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27?
Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 100,000 shares of $8 par common stock at $12, and on November 19, it issued for cash 55,000 shares of preferred stock, $10 par at $34. a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Oct. 31 Nov. 19 b. What is the total amount invested (total pald-in capital) by all stockholders as of November 197 ET.A... J00000
Entries for Issuing Par Stock On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 120,000 shares of $5 par common stock at $7, and on November 19, it issued for cash 40,000 shares of preferred stock, $20 par at $68. a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank. Oct. 31 fill in the blank aa86f502901ffda_2 fill in the blank aa86f502901ffda_3 fill in the blank aa86f502901ffda_5 fill in the blank aa86f502901ffda_6 fill in the blank aa86f502901ffda_8 fill in the blank aa86f502901ffda_9 Nov. 19 fill in the blank aa86f502901ffda_11 fill in the blank aa86f502901ffda_12 fill in the blank aa86f502901ffda_14 fill in the blank aa86f502901ffda_15 fill in the blank aa86f502901ffda_17 fill in the blank aa86f502901ffda_18 b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19?$fill in the blank 9394ff033fe2002_1
Analyzing & Identifying Financial Statement Effects of Stock IssuancesOn September 1, Maggiolo Inc. (a) issues 18,000 shares of $10 par value preferred stock at $48 cash per share and (b) issues 120,000 share of $2 par value common stock at $37 cash per share.a. Using the financial statement effect template, illustrated the effect of these two issuances.b. Prepare the journal entries for the two issuancesc. Post journal entries from b to related T -accounts.
Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 210,000 shares of $30 par common stock at $34, and on February 27, it issued for cash 15,000 shares of preferred stock, $9 par at $12. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. Jan. 22 Feb. 27 b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27? →
Prepare a statement of stockholders' equity for Al-Can Products, Inc. Navigate to the Stockholders' Equity Statement tab in the spreadsheet. Use the following information to prepare your statement: a. January 1 balance of capital stock account of 9,000 shares issued at $6.00 per share was $54,000.00. b. No other stock was issued during the year. c. January 1 balance of retained earnings account was $29,250.00. d. Net Income was $41,106.00. e. Dividends declared during the year were $19,200.00.
Instructions On April 1, 10000 shares of S5 par common stock were issued at $24, and on April 7, 4,000 shares of $50 par preferred stock were issued at $106. Required: Journalize the entries for April 1 and 7. Refer to the Chart of Accounts for exact wording of account titles.