Evan Company received 200 shares of its $200 stated value common stock on December 1, 1998, as

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Evan Company received 200 shares of its $200 stated value common stock on December 1, 1998, as a donation from a stockholder. On December 15, 1998, it reissued the stock for

$62,400 cash. Give the journal entry or entries necessary for these transactions.  lop85

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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