baudia
Oct 16, 2008, 07:07 PM
This is a homework question, and I hope that I've posted to the right forum. Any help would be greatly appreciated!!
On February 4, Cinderalla Rocks issued for cash 30,000 shares of $20 par
common stock at $64. On March 31, it issued for cash 18,000 shares of
$75 par preferred stock at $90
Journalize the entries for Feb. 4 and March 31
What is the toal amount invested (total paid-in capital) by all stockholders
as of March 31?
On February 4, Cinderalla Rocks issued for cash 30,000 shares of $20 par
common stock at $64. On March 31, it issued for cash 18,000 shares of
$75 par preferred stock at $90
Journalize the entries for Feb. 4 and March 31
What is the toal amount invested (total paid-in capital) by all stockholders
as of March 31?