Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. crane construction company issued 1230 shares of n

Crane Construction Company issued 1230 shares of no-par common stock for $19400. Which of the...

50.1K

Verified Solution

Question

Accounting

image
image
Crane Construction Company issued 1230 shares of no-par common stock for $19400. Which of the following journal entries would be made if the stock has no stated value? Cash 19400 Common Stock Paid-in.Capital in Excess of Par Cash Common Stock 1230 18170 19400 19400

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Ajax Inc. is a public company ad a new client of HawtornePartners, a medium-sized...

Accounting
Q

A hot-air balloon is initially floating (stationary) a few metres above the ground. The radius of the...

Physics
Q

The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...

Accounting
Q

Why might a fruit be covered in prickly hooks To keep it from being eaten...

Biology
Q

A sailboat moves north for a distance of 10.00 km when blown by a wind...

Physics
Q

Find the distance traveled by a particle with position x y as t varies in...

Calculus
Q

Imagine that you are the CFO of a U.S.-based international manufacturing company. Propose two (2)...

Accounting
Q

Pearl Houston has a $24,800 debt that she wishes to repay 3 years from today;...

Accounting
Q

What role do you think Activity Based Costing has to play with Customer Profitability Analysis

Accounting
Q

Curtis invests $525,000 in a city of Athens bond that pays 7.25 percent interest. Alternatively,...

Accounting
Q

Rainey Enterprises loaned $45,000 to Small Co. on June 1, 2016, for one year at...

Accounting
Q

Problem 10 (want typed and briefly explained answer) What are the risks associated with conversion...

Accounting