Management

During its first year of operations, Evanston Motel Corporation had the following transactions pertaining to its common stock.

Jan. 10 Issued 80,000 shares for cash at $5 per share.

Don't use plagiarized sources. Get Your Custom Essay on
Management
Just from $13/Page
Order Essay

July 1 Issued 30,000 shares for cash at $7 per share.

(a) Journalize the transactions, assuming that the common stock has a par value of $5 per share.

(b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share.

Place Order
Grab A 14% Discount on This Paper
Pages (550 words)
Approximate price: -
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Try it now!

Grab A 14% Discount on This Paper

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.