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Advanced physics journal entries. es doiker 6. On July 1st Tulip Corporation issued 10,000 shares of $1 par common stock for cash. The stock had
Advanced physics
journal entries. es doiker 6. On July 1st Tulip Corporation issued 10,000 shares of $1 par common stock for cash. The stock had a fair market value of $40 per share. ne jemuoj ort sisqo Hoaxups Required: Prepare the journal entry to issue the stock. 7. On July 1st, Larkspur Corporation purchased treasury stock infor $60,000, cash. On August 15, Larkspur sold the treasury stock for $70,000, cash. Larkspur has an additional paid in capital account. wrong Required: Prepare the appropriate journal entries cifleisching sell mod isws ibrifive 8. On August 1st, Rose Corporation purchased treasury stock for $100,000, cash. On September 1st, Rose sold the treasury stock for $80,000, cash. Rose does not have an additional paid in capita account. Loss 0 0018 Prepare: The required journal entriesStep by Step Solution
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