11 Prepare the journal entry to record Autumn Company's issuance of 63,000 shares of no-par value common stock assuming the shares:a. Sell for $29 cash per share.b. Are exchanged for land valued at $1,827,000.View transaction listJournal entry worksheet1esRecord the issuance of 63,000 shares of no-par value common stock assumingthe shares sell for $29 cash per share.Note: Enter debits before credits.TransactionGeneral JournalDebitCredit< Prev4 of 19Next >

For no par value shares issued, there is no discount or premium is recorded as the par value for the…

Prepare the journal entry to record Autumn Company's issuance of 63,000 shares of no-par value common stock assuming the shares- a. Sell for $29 cash per share. b. Are exchanged for land valued at $1,827,000.

Prepare the journal entry to record Autumn Company's issuance of 63,000 shares of no-par value common stock assuming the shares- a. Sell for $29 cash per share. b. Are exchanged for land valued at $1,827,000.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter15: Shareholders’ Equity: Capital Contributions And Distributions

Section: Chapter Questions

Problem 16E

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Prepare the journal entry to record Autumn Company's issuance of 63,000 shares of no-par value common stock assuming the shares: a. Sell for $29 cash per share. b. Are exchanged for land valued at $1,827,000. View transaction list Journal entry worksheet < 1 2 Record the issuance of 63,000 shares of no-par value common stock assuming the shares sell for $29 cash per share. Note: Enter debits before credits. Transaction a. Record entry General Journal Clear entry Debit Credit View general journal
Prepare the journal entry to record Autumn Company's issuance of 63,000 shares of no-par value common stock assuming the shares: a. Sell for $29 cash per share. b. Are exchanged for land valued at $1,827,000. View transaction list Journal entry worksheet 1 > Record the issuance of 63,000 shares of no-par value common stock assuming the shares sell for $29 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit a.
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Prepare the journal entry to record Autumn Company’s issuance of 63,000 shares of no-par value common stock assuming the shares a. Sell for $29 cash per share. b. Are exchanged for land valued at $1,827,000.
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Prepare the journal entry to record Jevonte Company's issuance of 36,000 shares of its common stock assuming the shares have a: a. $2 par value and sell for $18 cash per share. b. $2 stated value and sell for $18 cash per share. View transaction list Journal entry worksheet 1 2 Record the issuance of 36,000 shares of common stock assuming the shares have a $2 par value and sell for $18 cash per share. Note: Enter debits before credits. Transaction Record entry General Journal Clear entry Debit Credit View general journal
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