On july 1, hanson corporation issued 10 shares of $100 par value preferred stock for cash of $1,000 per share. complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

on july 1, hanson corporation issued 10 shares of $100 par value preferred stock for cash of $1,000 per share.

Explanation:

The journal entry to record the issuance of common stock is shown below:

Cash A/c Dr $10,000         ($10 shares × $1,000)

    To Preferred  Stock $1,000          (10 shares × $100)

    To  Additional Paid-in Capital in excess of par - Preferred Stock $9,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

While issuing the stock, we debited the cash account and credited the preferred stock and additional paid-in capital account

metallurgy is your answer

the "study of metals and the process of refining ("

note that it says metal. metallurgy has the word "metal" in it, and so is most likely your answer (and is your answer).

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answer; the cpi;