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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339 تمرين 24
Journalizing corporate transactions and preparing the stockholders' equity section of the balance sheet
Cell Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes Cell to issue 40,000 shares of 10%, $50 par preferred stock and 100,000 shares of no-par common stock. Cell completed the following transactions:
Requirements
1. Record the transactions in the general journal.
2. Prepare the stockholders' equity section of the Cell balance sheet at January 31. The ending balance of Retained earnings is $93,000.
Cell Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes Cell to issue 40,000 shares of 10%, $50 par preferred stock and 100,000 shares of no-par common stock. Cell completed the following transactions:
Requirements
1. Record the transactions in the general journal.
2. Prepare the stockholders' equity section of the Cell balance sheet at January 31. The ending balance of Retained earnings is $93,000.
التوضيح
موثّق
موثّق
2.
Step 1. Read the exercise....
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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