(Answered) Question - zeus corporation issued 5000 shares of

Accounting

Question - Zeus Corporation issued 5,000 shares of stock.

Instructions - Prepare the entry for the issuance under the following assumptions.

(a) The stock had a par value of $5 per share and was issued for a total of $65,000.

(b) The stock had a stated value of $5 per share and was issued for a total of $65,000.

(c) The stock had a par value of $5 per share and was issued to attorneys for services during in-corporation valued at $65,000.

(d) The stock had a par value of $5 per share and was issued for land worth $65,000.

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