Question: Question 7 (6 points) On January 2, 2016, Alpha Corporation issued 2,500 shares of $5 par value common stock. The issue price was $15 per

Question 7 (6 points) On January 2, 2016, Alpha Corporation issued

Question 7 (6 points) On January 2, 2016, Alpha Corporation issued 2,500 shares of $5 par value common stock. The issue price was $15 per share. On January 15, Alpha Corporation issued 1,000 shares of its $100 par 5% cumulative preferred stock for $105 per share. Use this information to prepare the General Journal entry (without explanation) for the January 2 and January 15 entries. B Format General Journal: Debit Credit Date Accounts > Question 8 (6 points) On January 2, 2016, Alpha Corporation issued 2,500 shares of $4 par value common stock. The issue price was $15 per share. On January 15, Alpha Corporation issued 1,000 shares of its $100 par 5% cumulative preferred stock for S107 per share. Use this information to prepare the General Journal entry (without explanation) for the January 2 and January 15 entries. I U Format ... General Journal: GO

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