St. Marie Company is authorized to issue 1,000,000 shares of $5 par value preferred stock, and 5,000,000 shares of $1 stated value common stock. During the year, the company has the following transactions: Journalize the transactions.

Autumn Corporation was organized in August. It is authorized to issue 100,000 shares of $100 par value 7% preferred stock. It is also authorized to issue 500,000 shares of $5 par value common stock. During the year, the corporation had the following transactions: Journalize the transactions.

MacKenzie Mining Corporation is authorized to issue 50,000 shares of $500 par value 7% preferred stock. It is also authorized to issue 5,000,000 shares of $3 par value common stock. In its first year, the corporation has the following transactions: Journalize the transactions.

Following are the issuances of stock transactions. 1. A corporation issued 2,000 shares of $5 par value common stock for $12,000 cash. 2. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has a $5 per share stated value. 3. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $47,500. The stock has no stated value. 4. A corporation issued 500 shares of $50 par value preferred stock for $72,500 cash. Analyze each transaction from issuances of stock by showing its effect on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction. 1. 1. 2. 2. 2. 3. 3. 4. 4. Assets = = = = = Liabilities + + + + + + + + Equity

Prepare to record each of the following four separate issuances of stock 1 A corporation issued 4,000 shares of 5 par value common stock for 35,000 cash 2. A corporation issued 2,000 shares of par common stock to its promotors in exchange for their efforts, estimated to be worti $40,000 . The stock a per stated value. 3. A corporation issued 2,000 shares of par common stock to its promoters in exchange for their effortsestimated to be worth $40,000 The stock has no stated value 4. A issued shares of $50 par value preferred stock for $60,000 cash

A corporation issues 3,100 shares of common stock for $99,200. The stock has a stated value of $15 per share. What amount of credit to Common Stock would the journal entry to record the stock issuance include? Select the correct answer. $46,500 $3,100 $99,200 $52,700

Rodriguez Corporation issues 19,000 shares of its common stock for $125,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $4 par value. The stock has neither par nor stated value. The stock has a $2 stated value. Please complete the following: A. Record the issue of 19,000 shares of $4 par value common stock for $125,800 cash. B. Record the issue of 19,000 shares of no-par, no-stated value common stock for $125,800 cash. C. Record the issue of 19,000 shares of $2 stated value common stock for $125,800 cash.

A corporation issues 5,000 shares of common stock for $62,000. The stock has a stated value of $10 per share. The entry to journalize the stock issuance would include a credit to Common Stock for a. $50,000. b. $62,000. c. $5,000. O d. $25,000.

please fill the pictures in: Rodriguez Corporation Issues 8,000 shares of Its common stock for $101,600 cash on February 20. Prepare Joural entries to record this event under each of the following separate situations 1. The stock has a $10 par value. 2 The stock has nether par nor stated value. 3. The stock has a $5 stated value