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analyze each transaction from the issuance of stock by showing its affect on the accounting equation specifically identify the accounts and amounts including plus or
analyze each transaction from the issuance of stock by showing its affect on the accounting equation specifically identify the accounts and amounts including plus or minus for each transaction
Required informetlen (The folbying infontation applies to the quertions ditployed beiond) Folowing are the asuances of stock transactions. 1. A corporation issued 8.000 shares of $20 par value common stock for $192.000cash. 2. A corporation issued 4000 shares of no-por common stock to its promokers in exchange for their efforts, estimared to be woat $34,000. The stock has a $1 per share tiated value. 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estemated to be wonth \$34,000. The stock has no stated vahue 4. A corporaton issued 2000 shares of 375 par value prefented stock for 5184,000 cash. inatyce each transacton fiom iswances of stock by showing fis effect on the accounhing equation-specificaly, hacentify the accounts nd amounts (including +or-) for each transecton Step by Step Solution
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