Prepare the entry for the issuance under the following

by | Mar 18, 2020 | Uncategorized

  

Prepare the entry for the issuance under the following assumptions.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)

(a) The stock had a par value of $5 per share and was issued for a total of $50,000.
(b) The stock had a stated value of $5 per share and was issued for a total of $50,000.
(c) The stock had no par or stated value and was issued for a total of $50,000.
(d) The stock had a par value of $5 per share and was issued to attorneys for services during incorporation valued at $50,000.
(e)

The stock had a par value of $5 per share and was issued for land worth $50,000
  

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