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On April 1, 10,000 Shares of $5 Par Common Stock

Question 146

Multiple Choice

On April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104. What are the entries for April 1 and 7?


A) On April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104. What are the entries for April 1 and 7? A) B) C) D)

B) On April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104. What are the entries for April 1 and 7? A) B) C) D)
C)
On April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104. What are the entries for April 1 and 7? A) B) C) D)

D) On April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104. What are the entries for April 1 and 7? A) B) C) D)

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