Answered You can hire a professional tutor to get the answer.
QUESTION
Based on the following information from Castle Keys Corporations, prepare the appropriate journal entries.
Based on the following information from Castle Keys Corporations, prepare the appropriate journal entries.
Apr. 10 incurred organization costs totaling $4,200
12 Issued 9,000 shares of $10 par common stock for $110,000
25 Issued 3,500 shares of 7%, $30 par preffered stock for $115,000
30 Issued 6,000 shares of $10 par common stock for $65,000
May 15 Issued 3,000 shares of 7%, $30 par preferred
Date10-Apr12-Apr 25-Apr 30-Apr 15-May ParticularsOrganization CostCashCashCommon StockAdditional paid in capital - Common StockCashPreferred StockAdditional paid in capital - preferred...