Question: Current Attempt in Progress During its first year of operations, Blue Spruce Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,100



Current Attempt in Progress During its first year of operations, Blue Spruce Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,100 shares for cash at $5 per share. Issued 50,500 shares for cash at $9 per share. July 1 Journalize the transactions, assuming that the common stock has a par value of $5 per share. (a) Journalize the transactions, assuming that the common stock is no-par with a stated value of $2 per share. (b) (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amoun entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Date Debit (a) Jan. 10 Cash 125500 CSunoun an iala aua pun sann ungn.aun ol AnuR ON 12212s 'nalinbalS Credit Debit Account Titles and Explanation Date 125500 Cash Jan. 10 125500 Common Stock Jan. 10 July 1 July 1 Scheduled and Hist.. Other bookmarks July 1 July 1 tbook and Media X P W 11:27 AM Deskton
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