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1.sunshine company issued 4,00 shares of its $5 par value common in payment of its attorney's bill of $80.00. the bill was for services performed

1.sunshine company issued 4,00 shares of its $5 par value common in payment of its attorney's bill of $80.00. the bill was for services performed in helping the company incorporate, Crain should record this transaction by debiting

2. Jackson company is a publicly held corporation whose $1par value stock is actively traded at $64 per share. the company issued 3,000 shareof stock to aquire land recently advertised at 200,000. when recording this transaction, Barton company will

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