ieyenne Corp. began operations on April 1 by issuing 66,10 es of $5 par value common stock for
cash at $16 per share. On ril 19, it issued 1,500 shares of common stock to attorneys in
settlement of their bill of $30 , 000 for organization costs. In additio eyenne issued 1,000 shares
of $2 par value preferred stock for $8 c . share. urnalize the issuance of the common and
preferred shares, as uning the shares are not publicly traded. (Record joumal entries in er
presented in the problem. Credit account titles are automatically indented when amount is
entered. Do not indent manually. If no entrn uired, select "No Entry" for the account titles and
enter 0 for the amounts.).
ieyenne Corp- began operations on April 1 by issuing 66-10 es of $5 pa.pdf
1. ieyenne Corp. began operations on April 1 by issuing 66,10 es of $5 par value common stock for
cash at $16 per share. On ril 19, it issued 1,500 shares of common stock to attorneys in
settlement of their bill of $30 , 000 for organization costs. In additio eyenne issued 1,000 shares
of $2 par value preferred stock for $8 c . share. urnalize the issuance of the common and
preferred shares, as uning the shares are not publicly traded. (Record joumal entries in er
presented in the problem. Credit account titles are automatically indented when amount is
entered. Do not indent manually. If no entrn uired, select "No Entry" for the account titles and
enter 0 for the amounts.)
