Question: Sanchez Tours Inc is authorized to issue 260 000 shares of

Sanchez Tours, Inc., is authorized to issue 260,000 shares of no- par value common stock, $ 8 stated value. Record the following transactions in general journal form:
May 23 Sold 10,000 shares of common stock at $ 11 per share for cash.
June 19 Sold 15,000 shares of common stock at $ 10 per share for cash.


View Solution:


Sale on SolutionInn
Sales0
Views87
Comments
  • CreatedOctober 21, 2014
  • Files Included
Post your question
5000