Question
16 Simon Company issued 3,000 ordinary shares with a $5 par value in payment of its attorney's bill of $60,000. The bill was for services
16 Simon Company issued 3,000 ordinary shares with a $5 par value in payment of its attorney's bill of $60,000. The bill was for services performed in helping the company incorporate. Simon should record this transaction by debiting O Legal Expense for $15,000. Legal Expense for $60,000. Organization Expense for $15,000. Organization Expense for $60,000
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Using Microsoft Excel And Access 2013 For Accounting
Authors: Glenn Owen
4th Edition
1305161858, 9781305161856
