Question: I need help with this question. Thank you! 10 On October 31, Legacy Rocks Inc, a marble contractor, issued for cash 400,000 shares of $10
I need help with this question. Thank you! 10
On October 31, Legacy Rocks Inc, a marble contractor, issued for cash 400,000 shares of $10 par common stock at $18, and on November 19 , it issued for cash 50,000 shares of preferred stock, $75 par at $80. a. Journalize the entries for October 31 and November 19 . For a compound transaction, if an amount box does not require an entry, leave it blank. Qct Nov b. What is the total amount invested (total paid-in capital) by all stockholders as of Nowember 197
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