Journalize the following stock transactions for Rick Corporation.
$\text {July\quad 22 }$ $\quad $$\text {Issued 10,000 shares of $\$ 5$ par common stock for $\$ 43,000 \mathrm { cash }$.}$
$\quad $ $\quad $$\text {28}$ $\quad $ $\text { Issued 6, 000 shares of $\$ 5$ par common stock for $\$ 33,000$ cash.}$
$\quad $ $\quad $$\text {31 }$ $\quad $$\text {Issued 4,000 shares of $\$ 12$ par, $7 \%$ preferred stock for $\$ 53,000$ cash.}$

Question

Journalize the following stock transactions for Rick Corporation.
 $\text {July\quad  22 }$ $\quad $$\text {Issued 10,000 shares of $\$ 5$ par common stock for $\$ 43,000 \mathrm { cash }$.}$
 $\quad $ $\quad $$\text {28}$ $\quad $ $\text { Issued 6, 000 shares of $\$ 5$ par common stock for $\$ 33,000$ cash.}$
 $\quad $ $\quad $$\text {31 }$ $\quad $$\text {Issued 4,000 shares of $\$ 12$ par, $7 \%$ preferred stock for $\$ 53,000$ cash.}$

Quizplus · Accepted Answer

The Answer of Journalize the following stock transactions for Rick Corporation.
 $\text {July\quad  22 }$ $\quad $$\text {Issued 10,000 shares of $\$ 5$ par common stock for $\$ 43,000 \mathrm { cash }$.}$
 $\quad $ $\quad $$\text {28}$ $\quad $ $\text { Issued 6, 000 shares of $\$ 5$ par common stock for $\$ 33,000$ cash.}$
 $\quad $ $\quad $$\text {31 }$ $\quad $$\text {Issued 4,000 shares of $\$ 12$ par, $7 \%$ preferred stock for $\$ 53,000$ cash.}$

Journalize the Following Stock Transactions for Rick Corporation July22 \text {July\quad 22 }July22

Journalize the Following Stock Transactions for Rick Corporation $\text {July\quad 22 }$