Examlex

Solved

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.
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. ​


Definitions:

Personality Inventory

A questionnaire or other standardized instrument designed to assess various aspects of a person's personality, including traits, behaviors, and preferences.

Social Phobia

An intense fear of social situations.

Agoraphobia

A fear or phobia of public places.

Intense Fear

A strong, uncontrollable, and often irrational reaction to a specific object, situation, or event, leading to avoidance or distress.

Related Questions