Question
$10 million shares at $1 par were issued. The $54 million that was received for those shares was immediately deposited in a 6-month money market
$10 million shares at $1 par were issued. The $54 million that was received for those shares was immediately deposited in a 6-month money market fund. Record the journal entry or type none in all the fields if no entry is needed.
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Cornerstones of Managerial Accounting
Authors: Mowen, Hansen, Heitger
3rd Edition
978-0324660135
