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-   -   Issued stock journal entry noncumulative (https://www.askmehelpdesk.com/showthread.php?t=458090)

  • Mar 16, 2010, 05:22 AM
    jojo72
    Issued stock journal entry noncumulative
    Issued 6000 shares og 9%, noncumulative $50 preferred stock for $85 per share
  • Mar 17, 2010, 06:55 AM
    pready

    Debit Cash for the amount received
    Credit Preferred Stock for the amount

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