Rodriguez corporation issues 11000 shares of its common

Assignment Help Accounting Basics

Reference no: EM13594226

Rodriguez Corporation issues 11,000 shares of its common stock for $100,100 cash on February 20.

1.Assume the stock has a $8 par value. Prepare journal entries to record this event.

A)Record the issue of 11,000 shares of $8 par value common stock for $100,100 cash.

2.Assume the stock has neither par nor stated value. Prepare journal entries to record this event.

A)Record the issue of 11,000 shares of no-par, no-stated value common stock for $100,100 cash.

3.Assume the stock has an $4 stated value. Prepare journal entries to record this event.

A)Record the issue of 11,000 shares of $4 stated value common stock for $100,100 cash.

Reference no: EM13594226

Questions Cloud

Clculate the vapor pressure of an aqueous solution at 30 : calculate the vapor pressure of an aqueous solution at 30 degrees c made from 100 g of sucrose c12h22o11 and 100g of

Cyclohexane has a freezing point of 650 c and a kf of 200 : cyclohexane has a freezing point of 6.50 c and a kf of 20.0 cm. what is the freezing point of a solution made by

An infinitely long line of charge has a linear charge : an infinitely long line of charge has a linear charge density of 5.00times10?12 cm. a proton is at distance 12.0 cm

A solution of 200 g in 225 g of cyclohexane boils at 8239 : paradichlorobenzene c6h4cl2 is a component of mothballs. a solution of 2.00 g in 22.5 g of cyclohexane boils at 82.39

Rodriguez corporation issues 11000 shares of its common : rodriguez corporation issues 11000 shares of its common stock for 100100 cash on february 20.1.assume the stock has a 8

A ball is thrown upward from a platform 40 m high with a : question a ball is thrown upward from a platform 4.0 m high with a speed of 23 ms at an angle of 37 o from the

Sandra madson the founder and the owner of a major portion : sandra madson the founder and the owner of a major portion of the stock for computer technology wants to raise cash by

Question a ball is thrown upward from a platform 40 m high : question a ball is thrown upward from a platform 4.0 m high with a speed of 23 ms at an angle of 37o from the

Firehouse inc issues 2000000 of 7 bonds due in 10 years : firehouse inc issues 2000000 of 7 bonds due in 10 years with interest payable at year end. the current market rate of

User Account

All Pages