HighRise Company Reported the Following Amounts of Contributed Capital in the Stockholders

Essay

HighRise Company reported the following amounts of contributed capital in the stockholders' equity accounts as of January 1, 2014: $\begin{array}{lr}\text { Contributed capital: }\\\text { Common stock, par } \$ 5 \text {, authorized 50,000 shares; }\\\text { Issued and outstanding 30,000 shares } & \$ 150,000 \\\text { Capital in excess of par } & 100,000\end{array}$ Required:
Indicate the journal entry to record each of the following transactions by entering the letter code corresponding to each account that would be debited and credited. Enter the code letter and the amount of each debit and credit (do not use dollar signs). The transactions, including the example, are not interrelated.