Business, 12.05.2020 14:57, ahmedeldyame

Entries for Issuing Stock On January 22, Zentric Corporation issued for cash 160,000 shares of no-par common stock at $8. On February 14, Zentric issued at par value 45,000 shares of preferred 2% stock, $50 par for cash. On August 30, Zentric issued for cash 10,000 shares of preferred 2% stock, $50 par at $56. Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it blank. Jan. 22 Feb. 14 Aug. 30

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Entries for Issuing Stock On January 22, Zentric Corporation issued for cash 160,000 shares of no-pa...