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FaygoMango
15.04.2020 •
Business
Rodriguez Corporation issues 19,000 shares of its common stock for $78,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.
1. The stock has a $2 par value.
2. The stock has neither par nor stated value.
3. The stock has a $1 stated value.
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Ответ:
The journal entries are shown below:
Explanation:
The journal entries are as follows
1. Cash $78,800
To Common stock $38,000 (19,000 shares × $2)
To Additional paid in capital in excess of par- common stock $40,800
(Being the issuance of the common stock is recorded)
2. Cash $78,800
To Common stock $78,800
(Being the issuance of the common stock is recorded)
3. Cash $78,800
To Common stock $19,000 (19,000 shares × $1)
To Additional paid in capital in excess of par- common stock $59,800
(Being the issuance of the common stock is recorded)
Ответ:
there are three answer
B the harmful mental effects of isolation
C men’s prejudices against women
E the role of women in early twentieth-century society
Explanation: