Osage Corporation issued 2,000 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e. g. 5,650.) (a) The stock had a par value of $5 per share and was issued for a total of $52,000.
(b) The stock had a stated value of $5 per share and was issued for a total of $52,000.
(c) The stock had no par or stated value and was issued for a total of $52,000.
(d) The stock had a par value of $5 per share and was issued to attorneys for services during incorporation valued at $52,000.
(e) The stock had a par value of $5 per share and was issued for land worth $52,000.

A. Dr Cash 52,000

Cr Common Stock 10,000

Cr Paid-in Capital in Excess of Par-Common Stock 42,000

B. Dr Cash 52,000

Cr Common Stock 10,000

Cr Paid-in Capital in Excess of Stated Value-Common Stock 42,000

C. Dr Cash 52,000

Cr Common Stock 52,000

D. Dr Organization Expense 52,000

Cr Common Stock10,000

Cr Paid-in Capital in Excess of Stated Value-Common Stock 42,000

E. Dr Land 52,000

Cr Common Stock 10,000

Cr Paid-in Capital in Excess of Stated Value-Common Stock 42,000

Explanation:

Preparation of the entry for the issuance

A. Dr Cash 52,000

Cr Common Stock 10,000

(2,000 x 5 )

Cr Paid-in Capital in Excess of Par-Common Stock 42,000

(52,000 – 10,000)

B. Dr Cash 52,000

Cr Common Stock 10,000

(2,000*5)

Cr Paid-in Capital in Excess of Stated Value-Common Stock 42,000

(52,000 – 10,000)

C. Dr Cash 52,000

Cr Common Stock 52,000

D. Dr Organization Expense 52,000

Cr Common Stock10,000

(2,000*5)

Cr Paid-in Capital in Excess of Stated Value-Common Stock 42,000

(52,000-10,000)

E. Dr Land 52,000

Cr Common Stock 10,000

(2,000*5)

Cr Paid-in Capital in Excess of Stated Value-Common Stock 42,000

(52,000-10,000)

i believe the answer would have to be a dependable person

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.