Question: could help me with requirement 1 & 2 i would appreciate it 813-2 (similar to) ' Virginia Corporation has two classes of stock: common, $5

could help me with requirement 1 & 2 i would appreciate it

813-2 (similar to) ' Virginia Corporation has two classes of stock: common, $5 par value; and preferred, $25 par value. Requirements 1. Joumalize Virginia's issuance of 2,500 shares of common stock for $6 per share. 2. Joumalize Virginia's issuance of 2,500 shares of preferred stock for a total of $62,500. Requirement 1. Joumalize Virginia's issuance of 2,500 shares of common stock for $6 per share. (Record debits rst, then credits. Select the explanation on the last line of the journal entry table.) Date I Accounts and Explanations I Debit Credit |

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