4 / 7100%ACCT1002 Introduction to Financial AccountingC. Issuedshares of preferred stock at par value. (Please refer to table below and use only the Info in linewith your first name initial in the blank/underlined space).firstname Initial # of shares issuedA, P, I, E, VC, O, R, YК, О, М, FS, W, G, ZD, T, L, UN, B, J, X, HPar Value100.00110.00125.00145.00168.00192.0050% of authorised shares2440% of authorised shares%2430% of authorised shares2425% of authorised shares%$420% of authorised shares10% of authorised shares $D. Exchangedshares of class A common stock for Office Furniture and Equipment with an appraised value of$4and Motor Truck with an appraised value of $(Please refer to table below and use only the info in linewith your first name initial in the blank/underlined space).firstname Initial # of shares issuedA, P, I, E, VC, O, R, YК. О, М. FS, W, G, ZD, T, L, UN, B, J, X, HOffice Furniture Motor truck40% of authorised shares $4,000,000.00 $ 10,000,000.00$4,000,000.00 $ 10,000,000.00$4,000,000.00 $ 10,000,000.00$4,000,000.00 $ 10,000,000.00$4,000,000.00 $ 10,000,000.00$4,000,000.00 $ 10,000,000.0050% of authorised shares40% of authorised shares40% of authorised shares40% of authorised shares20% of authorised shares%24

C. issued 50% of authorized shares@ $ 100.00…

Answered: Issued shares of preferred stock at par…

Survey of Accounting (Accounting I)

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Author:Carl Warren

Publisher:Carl Warren

Chapter8: Liabilities And Stockholders' Equity

Section: Chapter Questions

Problem 8.24E

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Issued P/S, P100 par, 12% at premium, P105, with transaction cost of P3/share. What is the cost of preferred stock?
M11-4 (Static) Analyzing and Recording the Issuance of Common Stock [LO 11-2] To expand operations, Aragon Consulting issued 1,000 shares of previously unissued common stock with a par value of $1. The price for the stock was $50 per share. Required: 1-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance. 1-b. Prepare the journal entry for the stock issuance. 2-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance with a par value of $2. 2-b. Prepare the journal entry for the stock issuance, if the par value were $2 per share. Journal Entry: 1. Record the issuance of 1,000 shares with a $1 par value for a price of $50 per share. 2. Record the issuance of 1,000 shares with a $2 par value for a price of $50 per share.
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Issued shares of preferred stock at par vith your first name initial In the blank/underline