Equinox Outdoor Wear issues 1,000 shares of its $0.01 par value preferred stock for cash at $19 per share. Record the issuance of the preferred shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal V

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Record the issuance of the preferred shares?
Book
érences
Mc
Graw
Equinox Outdoor Wear issues 1,000 shares of its $0.01 par value preferred stock for cash at $19 per share.
Record the issuance of the preferred shares. (If no entry is required for a particular transaction/event, select "No Journal Entry
Required" in the first account field.)
View transaction list
Type here to search
No
1
View journal entry worksheet
Transaction
Cash
Preferred Stock
Additional Paid-in Capital
O
You received partial credit in the previous attempt.
C
General Journal
Prev
6 of 22
O
Debit
19.000
18.999
Next >
Credit
101
VI
79°F Mostly cloudy
Transcribed Image Text:Book érences Mc Graw Equinox Outdoor Wear issues 1,000 shares of its $0.01 par value preferred stock for cash at $19 per share. Record the issuance of the preferred shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Type here to search No 1 View journal entry worksheet Transaction Cash Preferred Stock Additional Paid-in Capital O You received partial credit in the previous attempt. C General Journal Prev 6 of 22 O Debit 19.000 18.999 Next > Credit 101 VI 79°F Mostly cloudy
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