Question
a company issued 20,000 share of common stock for $30 per share in cash. what is included in the journal entry necessary to record this
a company issued 20,000 share of common stock for $30 per share in cash. what is included in the journal entry necessary to record this issuance of shares?
credit to capital stock for $600,000
credit to cash for $20,000
credit to capital stock for 20,000
credit to cash for 600,000
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Internal Audit Handbook Management With The SAP Audit Roadmap
Authors: Henning Kagermann, William Kinney, Karlheinz Küting, Claus-Peter Weber, Z. Keil, C. Boecker, J. Busch, O. Bussiek, M. H. Christ, P. Eckes, M. Falk, P. S. Greenberg, B. Reichert, M. Wolf
2008th Edition
3642430392, 978-3642430398
