(Learning Objective 2: Issuing sharespar value share and no-par share) At fi scal year-end 2010, Horris Printer...

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(Learning Objective 2: Issuing shares—par value share and no-par share) At fi scal year-end 2010, Horris Printer and Delectable Doughnuts reported these adapted amounts on their balance sheets (amounts in millions):

Assume each company issued its shares in a single transaction. Journalize each company’s issuance of its shares, using its actual account titles. Explanations are not required.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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