Bradley corporation issued 10000 shares of common stock
1 Answer to 1. Bradley Corporation issued 10,000 shares of common stock on January 1, 2013. The stock has par value of $0.01 per share and was sold at $25 per share. The journal entry for this transaction would: a)debit Cash $250,000, credit Paid-in capital $100, and credit Common stock $249,900. b)credit Cash Bradley Corporation issued 10,000 shares of common stock on January 1, 2015. The stock has a par value of $0.01. per share and was sold for cash at par. Which of the following is the correct journal entry to record this transaction? Cash debited for $100 and Common Stock - $0.01 Par Value credited for $100 Question: QUESTION 11 Bradley Corporation Issued 10,000 Shares Of Common Stock On January 1, 2013. The Stock Has Par Value Of $0.01 Per Share And Was Sold For Cash At Par. The Journal Entry To Record This Transaction Would: Debit Cash $100 And Credit Common Stock $100. 1. Bradley Corporation issued 10,000 shares of common stock on January 1, 2013. The stock has par value of $0.01 per share and was sold at $25 per share. The journal entry for this transaction would: a)debit Cash $250,000, credit Paid-in capital $100, and credit Common stock $249,900. b)credit Cash $250,000 and debit Paid-in capital $250,000.
It is authorized to issue 10,000 shares of 8%, $50 par value preferred stock, and 500,000 shares of no par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 80,000 shares of common stock at $5 per share.
Bradley Corporation received cash from issuing 13,000 shares of common stock at par on January 1, 2017. The stock has a par value of $0.05 per share. Dallkin Corporation issued 10,000 shares of common stock on January 1, 2017. The stock has no par value and was issued at $18 per share. The journal entry for this transaction includes a _____. Par Value and No-Par Stock Issuance Caswell Corporation is authorized to issue 10,000 shares of common stock. It sells 6,000 shares at $19 per share. Required: Record the sale of the common stock, given the following independent assumptions: 1. The stock has a par value of $10 per share. 2. To illustrate, assume that the DeWitt Corporation, which is authorized to issue 10,000 shares of common stock without par value, assigns a stated value of $20 per share to its stock. DeWitt issues the 10,000 shares for cash at $ 23 per share. The entry to record this transaction is: DeLong Corporation was organized on January 1, 2014. It is authorized to issue 10,000 shares of 8%, $100 par value preferred stock, and 500,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 80,000 shares of common stock for cash at $4 per share. Mar. 1 Issued 5,000 shares of preferred It is authorized to issue 10,000 shares of 8%, $50 par value preferred stock, and 500,000 shares of no par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 80,000 shares of common stock at $5 per share. Issued 31,000 shares of common stock. Stock has par value of $1.00 per share and was issued at $20.00 per share. bullet• Pumpkin Corporation issued 10,000 shares of common stock on January 1, 2018. The stock has no par value and was issued at $17 per share. The journal entry for this transaction includes a _____. The Repurchase of Stock (Treasury Stock) Treasury stock arises when the board of directors elects to have a company buy back shares from shareholders.This purchase reduces the amount of outstanding stock on the open market. The most common treasury stock accounting method is the cost method.
Bradley Corporation issued 10,000 shares of common stock on January 1, 2015. The stock has a par value of $0.01 per share and was sold for cash at par. Which of the following is the correct journal entry to record this transaction?
Reporting 2.3-15 Bradley Corporation issued 10,000 shares of common stock on January 1, 2013. The stock has par value of $0.01 per share and was sold for August 6- 10,000 shares of previously unissued stock were sold. At January 1, year 2, the entity had 110,000 shares of common stock issued and 100,000 During year 1 Bradley Corporation issued for $110 per share, 5,000 shares of $100 During 2019, Bradley Corporation issued for $110 per share, 5,000 shares of 3 shares of Bradley's $25 par value common stock at the option of the preferred If corporation sells some of its treasury stock at price that exceeds its cost, this Porter Co. began its business last year and issued 10,000 shares of common During year I Bradley Corporation issued for $110 per share, 5,000 shares of
Bradley Corporation issued 10,000 shares of common stock on January 1, 2015. The stock has a par value of $0.01 per share and was sold for cash at par. Which of the following is the correct journal entry to record this transaction?
Bradley Corporation issued 10,000 shares of common stock on January 1,2015 The stock has a par value of $.01 per share and was sold for cash at par. Journal Answer to Bailey Corporation issued 10000 shares of no-par common stock for $25 per share. Bailey also issued 3000 shares of $40 Reporting 2.3-15 Bradley Corporation issued 10,000 shares of common stock on January 1, 2013. The stock has par value of $0.01 per share and was sold for August 6- 10,000 shares of previously unissued stock were sold. At January 1, year 2, the entity had 110,000 shares of common stock issued and 100,000 During year 1 Bradley Corporation issued for $110 per share, 5,000 shares of $100 During 2019, Bradley Corporation issued for $110 per share, 5,000 shares of 3 shares of Bradley's $25 par value common stock at the option of the preferred
If corporation sells some of its treasury stock at price that exceeds its cost, this Porter Co. began its business last year and issued 10,000 shares of common During year I Bradley Corporation issued for $110 per share, 5,000 shares of
Bradley corporation received cash from issuing 17,000 shares of common stock at par on January 1, 2017. The stock has par value of $0.05 per share. Which is the correct journal entry for this transaction? Bradley Corporation issued 10,000 shares of common stock on January 1, 2015. The stock has a par value of $0.01 per share and was sold for cash at par. Which of the following is the correct journal entry to record this transaction? 1. Bradley Corporation issued 10,000 shares of common stock on January 1, 2013. The stock has par value of $0.01 per share and was sold at $25 per share. The journal entry for this transaction would: a)debit Cash $250,000, credit Paid-in capital $100, and credit Common stock $249,900. b)credit Cash $250,000 and debit Paid-in capital $250,000. Question: Bradley Corporation received cash from issuing 10,000 shares of common stock at par on January 1. 2017 the stock has a par value of $0.01 per share. Bradley Corporation received cash from issuing 13,000 shares of common stock at par on January 1, 2017. The stock has a par value of $0.05 per share. Dallkin Corporation issued 10,000 shares of common stock on January 1, 2017. The stock has no par value and was issued at $18 per share. The journal entry for this transaction includes a _____. Par Value and No-Par Stock Issuance Caswell Corporation is authorized to issue 10,000 shares of common stock. It sells 6,000 shares at $19 per share. Required: Record the sale of the common stock, given the following independent assumptions: 1. The stock has a par value of $10 per share. 2. To illustrate, assume that the DeWitt Corporation, which is authorized to issue 10,000 shares of common stock without par value, assigns a stated value of $20 per share to its stock. DeWitt issues the 10,000 shares for cash at $ 23 per share. The entry to record this transaction is:
Bradley corporation received cash from issuing 17,000 shares of common stock at par on January 1, 2017. The stock has par value of $0.05 per share. Which is the correct journal entry for this transaction? Bradley Corporation issued 10,000 shares of common stock on January 1, 2015. The stock has a par value of $0.01 per share and was sold for cash at par. Which of the following is the correct journal entry to record this transaction? 1. Bradley Corporation issued 10,000 shares of common stock on January 1, 2013. The stock has par value of $0.01 per share and was sold at $25 per share. The journal entry for this transaction would: a)debit Cash $250,000, credit Paid-in capital $100, and credit Common stock $249,900. b)credit Cash $250,000 and debit Paid-in capital $250,000. Question: Bradley Corporation received cash from issuing 10,000 shares of common stock at par on January 1. 2017 the stock has a par value of $0.01 per share.