Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Select account nar from the drop-down lists. Use cell references to the data area. Use mathematical formula calculate any amounts not given. n May 10, Jack Corporation issues common stock for cash. Shares of stock issued 2,000 %24 Par value per share Amount at which stock issued 10.00 $ 18.00 Journalize the issuance of the stock. Date Debit Credit May 10 4 15 16
Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Select account nar from the drop-down lists. Use cell references to the data area. Use mathematical formula calculate any amounts not given. n May 10, Jack Corporation issues common stock for cash. Shares of stock issued 2,000 %24 Par value per share Amount at which stock issued 10.00 $ 18.00 Journalize the issuance of the stock. Date Debit Credit May 10 4 15 16
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Formula: Multiply, Subtract; Cell Referencing
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Formula: Multiply, Subtract; Cell Referencing
Using Excel to Record Stock Entries
Student Work Area
PROBLEM
Required: Provide input into cells shaded in yellow in this template. Select account names
from the drop-down lists. Use cell references to the data area. Use mathematical formulas to
calculate any amounts not given.
On May 10, Jack Corporation issues common stock for cash.
Shares of stock issued
Par value per share
2,000
24
%24
10.00
Amount at which stock issued
18.00
Journalize the issuance of the stock.
10
11
Date
Debit
Credit
12
May 10
13
14
15
16
17
18
19
20
21
22
23
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26
27
28
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30
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33
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