BE12-3 On June 1, Herrera Inc. issues 3,000 shares of no-par common stock at a cash price

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BE12-3 On June 1, Herrera Inc. issues 3,000 shares of no-par common stock at a cash price of

$7 per share. Journalize the issuance of the shares assuming the stock has a stated value of $1 per share.

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Financial Accounting

ISBN: 9780470128848

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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