On april 20, gallatin county rocks inc., a marble contractor, issued for cash 74,600 shares of $40 par common stock at $56, and on august 7, it issued for cash 15,640 shares of preferred stock, $10 par at $12. required: a. journalize the entries for april 20 and august 7. refer to the chart of accounts for exact wording of account titles. b. what is the total amount invested (total paid-in capital) by all stockholders as of august 7?
a. journalize the entries for april 20 and august 7. refer to the chart of accounts for exact wording of account titles.
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what is the total amount invested (total paid-in capital) by all stockholders as of august 7?
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On april 20, gallatin county rocks inc., a marble contractor, issued for cash 74,600 shares of $40 p...
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