Business, 04.04.2020 02:05, marwaalsaidi

Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 320,000 shares of $11 par common stock and 30,000 shares of 4 percent cumulative class A preferred stock. The class A stock had a stated value of $30 per share. The following stock transactions pertain to Eastport Inc.: Issued 20,000 shares of common stock for $16 per share. Issued 13,000 shares of the class A preferred stock for $35 per share. Issued 52,000 shares of common stock for $19 per share. Prepare general journal entries for these transactions.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:20, khalilh1206

Vital industries manufactured 2 comma 200 units of its product huge in the month of april. it incurred a total cost of $ 121 comma 000 during the month. out of this $ 121 comma 000, $ 46 comma 000 comprised of direct materials used in the product and the rest was incurred because of the conversion cost involved in the process. ryan had no opening or closing inventory. what will be the total cost per unit of the product, assuming conversion costs contained $ 10 comma 900 of indirect labor?

Answers: 1

continue

Business, 22.06.2019 19:10, lizzlegnz999

After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.

Answers: 2

continue

Business, 23.06.2019 17:00, haley5306

Suppose that a recent celebrity endorsement made more people prefer this brand of cell phones. now, more cell phones are demanded at each price level. as a result of the increase in demand, the equilibrium price and the equilibrium quantity increases, decreases

Answers: 1

continue

Business, 24.06.2019 02:50, erikacastro259

Type the correct answer in the box. spell all words correctly. which type of data is generally stored in different file formats, such as mats. text files, spreadsheets, and so on? data is generally stored in different file for

Answers: 1

continue

Do you know the correct answer?

Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 320,000 shares of $11 par...