Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Select account nar from the drop-down lists. Use cell references to the data area. Use mathematical formula calculate any amounts not given. n May 10, Jack Corporation issues common stock for cash. Shares of stock issued 2,000 %24 Par value per share Amount at which stock issued 10.00 $ 18.00 Journalize the issuance of the stock. Date Debit Credit May 10 4 15 16

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Formula: Multiply, Subtract; Cell Referencing
Using Excel to Record Stock Entries
Student Work Area
PROBLEM
Required: Provide input into cells shaded in yellow in this template. Select account names
from the drop-down lists. Use cell references to the data area. Use mathematical formulas to
calculate any amounts not given.
On May 10, Jack Corporation issues common stock for cash.
Shares of stock issued
Par value per share
2,000
24
%24
10.00
Amount at which stock issued
18.00
Journalize the issuance of the stock.
10
11
Date
Debit
Credit
12
May 10
13
14
15
16
17
18
19
20
21
22
23
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26
27
28
29
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31
32
33
Enter Answer
Ready
24
Transcribed Image Text:LutoSave 日 Off UnitlILabAssignment_Question1 O Search (Alt-Q) Protected View Home Insert Draw Page Layout Formulas Data Review View Help PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing fx Formula: Multiply, Subtract; Cell Referencing A D E F G H. K Formula: Multiply, Subtract; Cell Referencing Using Excel to Record Stock Entries Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Select account names from the drop-down lists. Use cell references to the data area. Use mathematical formulas to calculate any amounts not given. On May 10, Jack Corporation issues common stock for cash. Shares of stock issued Par value per share 2,000 24 %24 10.00 Amount at which stock issued 18.00 Journalize the issuance of the stock. 10 11 Date Debit Credit 12 May 10 13 14 15 16 17 18 19 20 21 22 23 25 26 27 28 29 30 31 32 33 Enter Answer Ready 24
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