Maurice Tutor

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Category > Applied Sciences Posted 20 Aug 2017 My Price 4.00

Zentric Corporation

PE 11-2B  Entries for issuing stock                                                                   ObJ.  2

On January 22, Zentric Corporation issued for cash 180,000 shares of no-par common stock at $4. On February 14, Zentric Corporation issued at par value 44,000 shares of preferred 2% stock, $55 par for cash. On August 30, Zentric Corporation issued for cash 9,000 shares of preferred 2% stock, $55 par at $60.

Journalize the entries to record the January 22, February 14, and August 30 transactions.

Answers

Maurice Tutor
(5)
Status NEW Posted 20 Aug 2017 07:08 PM My Price 4.00

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