Susan Graham Corp. was organized on January

Susan Graham Corp. was organized on January

Susan Graham Corp. was organized on January 12, 2014. It is authorized to issue 10,000 shares of 8%, $50 par value preferred stock and 500,000 shares of $2 par value common stock. Transactions completed during the year. Jan 10 Issued 80,000 shares of common stock for cash at $5 per share. Mar 1 Issued 5,000 shares of preferred stock for cash at $108 per share. May 1 Issued 80,000 shares of common stock for cash at $7 per share. Nov 1 Issued 1,000 shares of preferred stock for cash at $112 per share. Prepare Journal Entries.


Price: £ 79

100% Plagiarism Free & Custom Written, Tailored to your instructions

Leave your Comments


Can't read the image? click here to refresh