13-47
Enter the appropriate account titles in the shaded cells in columns D and E.
Enter the appro
amounts in the shaded cells in columns H and J.
Journal Entries:
Jan. 1
Property
Organization Expense
Common Stock
Paid-In Capital in Excess of Par-Common
Feb. 23
Cash
Preferred Stock
Paid-In Capital in Excess of Par-Preferred
Mar. 10
Cash
Common Stock
Paid-In Capital in Excess of Par-Common
Apr. 10
Common Stock Subscriptions Receivable
Common Stock Subscribed
Paid-In Capital in Excess of Par-Common
July 14
Cash
Building
Common Stock
Paid-In Capital in Excess of Par-Common
Preferred Stock
Paid-In Capital in Excess of Par-Preferred
Aug. 3
Cash
Common Stock Subscriptions Receivable
Common Stock Subscribed
Common Stock
Dec. 1
Dividends
Dividends Payable
Dec. 31
Dividends Payable
Cash
Dec. 31
Common Stock Subscribed
Common Stock Subscriptions Receivable
Paid-In Capital from Forfeited Stock Subscriptions
Dec. 31
Income Summary
Retained Earnings
Stockholders' Equity
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- Spring '11
- Johnson
- Accounting, Generally Accepted Accounting Principles, Shares authorized
-
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