Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Journalize the transactions, assuming that the common stock is no-par with a stated (https://www.askmehelpdesk.com/showthread.php?t=612455)

  • Nov 15, 2011, 12:43 PM
    Cowanda1
    Journalize the transactions, assuming that the common stock is no-par with a stated
    During its first year of operations, Ritter Corporation had these transactions pertaining
    to its common stock.
    Jan. 10 Issued 90,000 shares for cash at $5 per share.
    July 1 Issued 50,000 shares for cash at $7 per share.
    Journalize the transactions, assuming that the common stock is no-par with a stated
    value of $1 per share

    • All times are GMT -7. The time now is 11:02 PM.