Question: Current Attempt in Progress During its first year of operations, Shamrock Corporation had the following transactions pertaining to its common stock Jan. 10 Mar. 1
Current Attempt in Progress During its first year of operations, Shamrock Corporation had the following transactions pertaining to its common stock Jan. 10 Mar. 1 July 1 Sept. Issued 82,500 shares for cash at $6 per share. Issued 5,000 shares to attorneys in payment of a bill for S37 700 for services rendered Issued 31,700 shares for cash at $8 per share. in helping the comp any to incorporate. Issued 63,600 shares for cash at $10 per share. (a) b) Prepare the journal entries for these transactions, assuming that Prepare the journal ent the common stock has a par value of $4 per share. ries for these transactions, assuming that the common stock is no-par with a stated value of $2 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No the account titles and enter O for the amounts.)
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