Based on the Following Information from Castle Keys Corporation, Prepare

question 105

Essay

Based on the following information from Castle Keys Corporation, prepare the appropriate journal entries.
Apr. 10
Incurred organization costs totaling $4,200.
12
Issued 9,000 shares of $10 par common stock for $110,000.
25
Issued 3,500 shares of 7%, $30 par preferred stock for $115,000.
30
Issued 6,000 shares of $10 par common stock for $65,000.
May 15
Issued 3,000 shares of 7%, $30 par preferred stock for equipment with a fair market value of $93,000.
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Definitions:

Earlier Conflicts

Refers to disputes or disagreements that occurred in the past.

Interpersonal Communication

The exchange of information, feelings, and meanings between two or more people through verbal or non-verbal methods.

Procedural Leaders

Individuals who focus on the processes and methods used to achieve goals within an organization, ensuring tasks are completed efficiently and effectively.

Resolving Conflicts

The process of finding a peaceful solution to a disagreement among parties.