Question:
Entries for issuing stock On January 22 Zentric Corporation
Last updated: 11/28/2023
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Entries for issuing stock On January 22 Zentric Corporation issued for cash 180 000 shares of no par common stock at 12 On February 14 Zentric issued at par value 50 000 shares of preferred 2 stock 50 par for cash On August 30 Zentric issued for cash 20 000 shares of preferred 2 stock 50 par at 54 Journalize the entries to record the January 22 February 14 and August 30 transactions If an amount box does not require an entry leave it blank Jan 22 Cash V Common Stock Feb 14 Cash Preferred Stock Aug 30 Cash Preferred Stock V 00 00 00 00 00 00