Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac

تمرين 29

Entries for issuing stock
On January 22, Zentric Corporation issued for cash 180,000 shares of no-par common stock at $4. On February 14, Zentric issued at par value 44,000 shares of preferred 2% stock, $55 par for cash. On August 30, Zentric issued for cash 9,000 shares of preferred 2% stock, $55 par at $60.
Journalize the entries to the January 22, February 14, and August 30 transactions.