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Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders equity. January 1 Issues 700 shares
Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders equity.
| January 1 | Issues 700 shares of common stock for $47 per share. |
|---|---|
| April 1 journal entry 1 journal entry 2 | Issues 110 additional shares of common stock for $51 per share. Record issuance of 700 shares common stock for $47 per share. Record the issuance of 110 additional shares of common stock for $51 per share. |
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Accounting And Finance For Non Specialists
Authors: Eddie McLaney, Peter Atrill
8th Edition
9780273778165
