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At the end of fiscal year 2018, Haley Legal Services and Wonderful Doughnuts reported these adapted amounts on their balance sheets (all amounts in millions
At the end of fiscal year 2018, Haley Legal Services and Wonderful Doughnuts reported these adapted amounts on their balance sheets (all amounts in millions except for par value per share): (Click the icon to view the balance sheet data.) Assume each company issued its stock in a single transaction. Journalize each company's issuance of its stock, using its actual account titles. Explanations are not required. (Enter amounts in millions. Begin by journalizing the Haley Legal Services common stock issuance. Journal Entry Data Table - X Accounts Debit Credit Millions Haley Legal Services: Common stock, $0.01 par value, 2,700 shares issued Additional paid-in capital $ 27 17,100 Next, journalize the Wonderful Doughnuts common stock issuance. Wonderful Doughnuts: Common stock, no par value, 65 shares issued Journal Entry $ 299 Accounts Debit Credit Millions Print Done
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