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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
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
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