Prepare the journal entry to record Autumn Companys issuance of 63,000 shares of no-par value common stock
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Prepare the journal entry to record Autumn Company’s issuance of 63,000 shares of no-par value common stock assuming the shares:
a. Sell for $29 cash per share.
b. Are exchanged for land valued at $1,827,000.
AppendixLO1
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Related Book For
Financial Accounting Information For Decisions
ISBN: 9780073043753
4th Edition
Authors: John J. Wild
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