Quay Co. had the following transactions during the current period.
Mar. 2 Issued 5,000...
Business, 20.03.2020 19:44 kitttimothy55
Quay Co. had the following transactions during the current period.
Mar. 2 Issued 5,000 shares of $7 par value common stock to attorneys in payment of a bill for $39,600 for services performed in helping the company to incorporate.
June 12 Issued 63,400 shares of $7 par value common stock for cash of $519,100.
July 11 Issued 2,175 shares of $110 par value preferred stock for cash at $130 per share.
Nov. 28 Purchased 2,350 shares of treasury stock for $83,500.
Journalize the transactions.
Answers: 1
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