I need help with answers 2-5 on this assignment. I unlocked the document, but the answers don't show.

Acct221 Chapter 11 Assignment Due date: 12/2/2014 Name: Section: 1. Journalize issuance of par value common stock. On May 10, Paige Corporation issues 2,500 shares of $5 par value common stock for cash at $13 per share. Journalize the issuance of the stock. sh is ar stu ed d vi y re aC s ou ou rc rs e eH w er as o. co m 2. Journalize issuance of no-par common stock. On June 1, Tucker Inc. issues 3,000 shares of no-par common stock at a cash price of $7 per share. Journalize the issuance of the shares. 3. Journalize issuance of preferred stock. Pringle Inc. issues 8,000 shares of $100 par value preferred stock for cash at $106 per share. Journalize the issuance of the preferred stock. Th 4. Prepare entries for a cash dividend. Troutman Corporation has 7,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. https://www.coursehero.com/file/12835073/Ch11-HW-Assignment/ Acct221 Chapter 11 Assignment Due date: 12/2/2014 5. Prepare a stockholders' equity section. sh is ar stu ed d vi y re aC s ou ou rc rs e eH w er as o. co m Leiker Corporation has these accounts at December 31: Common Stock, $10 par, 5,000 shares issued, $50,000; Paid-in Capital in Excess of Par Value $22,000; Retained Earnings $42,000; and Treasury Stock, 500 shares, $11,000. Prepare the stockholders' equity section of the balance sheet. 6. Indicate whether each of the following transactions would increase (+), decrease (), or not affect Th (N/A) total assets, total liabilities, and total stockholders' equity. https://www.coursehero.com/file/12835073/Ch11-HW-Assignment/ Powered by TCPDF (www.tcpdf.org)