Ayayai Corp issued 700 shares of no par common stock for $ 14000 Which of the following journal entries would be made if the stock has no stated value Cash 14000 Common Stock No Par Value 700 Paid in Capital in Excess of Par 13300 Cash 14000 Common Stock No Par Value 700 Paid in Capital in Excess o...

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Ayayai Corp. issued 700 shares of no-par common stock for $ 14000 . Which of the following

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Ayayai Corp. issued 700 shares of no-par common stock for $14000. Which of the following journal entries would be made if the stock has no stated value?

Cash		14000
	Common Stock - No-Par Value		700
	Paid-in Capital in Excess of Par		13300

Cash		14000
	Common Stock - No-Par Value		700
	Paid-in Capital in Excess of Stated Value		13300

Common Stock - No-Par Value		14000
	Cash		14000

Cash		14000
	Common Stock - No-Par Value		14000

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

Posted Date: Feb 13, 2022 04:33 PM

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Ayayai Corp. issued 700 shares of no-par common stock for $ 14000 . Which of the following

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Fundamental Accounting Principles

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