Question
Blossom Corporation issued 1,600 shares of its $10 par value common stock for $65,700. Blossom also incurred $1,300 of costs associated with issuing the
Blossom Corporation issued 1,600 shares of its $10 par value common stock for $65,700. Blossom also incurred $1,300 of costs associated with issuing the stock. Prepare Blossom's journal entry to record the issuance of the company's stock. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
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