During its first year of operations, Rosa Corporation had
these transactions pertaining to its common stock.
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Jan. 10
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Issued 34,180 shares for cash at $4 per share.
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July 1
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Issued 52,040 shares for cash at $8 per share.
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(a)
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Journalize the transactions, assuming that the common stock has
a par value of $4 per share.
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(b)
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Journalize the transactions, assuming that the common stock is
no-par with a stated value of $3 per share.
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(Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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No.
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Date
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Account
Titles and Explanation
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Debit
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Credit
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(a)
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(b)
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