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Preferred Stock Date Explanation Ref Debit Credit Balance J5 J5 Common Stock Dat

ID: 2503374 • Letter: P

Question

Preferred Stock Date Explanation Ref Debit Credit Balance J5 J5 Common Stock Date Explanation Ref Debit Credit Balance J5 J5 J5 J5 J5 Paid-in Capital in Excess of Par-Preferred Stock Date Explanation Ref Debit Credit Balance J5 J5 Paid-in Capital in Excess of Stated Value-Common Stock Date Explanation Ref Debit Credit Balance J5 J5 J5 J5 Preferred Stock Date Explanation Ref Debit Credit Balance Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Common Stock Date Explanation Ref Debit Credit Balance Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Paid-in Capital in Excess of Par-Preferred Stock Date Explanation Ref Debit Credit Balance Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Paid-in Capital in Excess of Stated Value-Common Stock Date Explanation Ref Debit Credit Balance Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5 Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1 J5

Explanation / Answer

Preferred Stock

Date

Explanation

Ref

Debit($)

Credit($)

Balance($)

March 1

Issued Preferred Stock

J2


500000

500000

Nov 1

Issued Preferred Stock

J7


100000

600000



Common stock

Date

Explanation

Ref

Debit($)

Credit($)

Balance($)

Jan 10

Issued Common stock

J1


160000

160000

Apr 1

Issued Common stock for land

J3


48000

208000

May 1

Issued Common stock

J4


160000

368000

Aug 1

Issued Common stock for legal expenses

J5


20000

388000

Sep1

Issued Common stock

J6


20000

408000






Paid-in Capital in Excess of Par-Preferred Stock


Date

Explanation

Ref

Debit($)

Credit($)

Balance($)

March 1

Issued Preferred Stock

J2


25000

25000

Nov 1

Issued Preferred Stock

J7


9000

34000





Paid-in Capital in Excess of Stated Value-Common Stock

Date

Explanation

Ref

Debit($)

Credit($)

Balance($)

Jan 10

Issued Common stock

J1


160000

160000

Apr 1

Issued Common stock for land

J3


37000

197000

May 1

Issued Common stock

J4


200000

397000

Aug 1

Issued Common stock for legal expenses

J5


10000

407000

Sep1

Issued Common stock

J6


30000

437000






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Date

Explanation

Ref

Debit($)

Credit($)

Balance($)

March 1

Issued Preferred Stock

J2


500000

500000

Nov 1

Issued Preferred Stock

J7


100000

600000