Aloha Corporation issues 5,000 shares of its common stock for $84,200 cash on February 20. 1. Assume

/in /by
 
   

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadlines.  

Aloha Corporation issues 5,000 shares of its common stock for $84,200 cash on February 20. 1. Assume the stock has neither par nor stated value. Prepare journal entries to record this event 2. Assume the stock has a $14 par value. Prepare journal entries to record this event 3. Assume the stock has an $7.0 stated value. Prepare journal entries to record this event.