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Date June 1 Account Titles and Explanation Share Subscriptions Receivable Common Shares Subscribed (To record sale of shares on a subscription basis) Cash Dec.
Date June 1 Account Titles and Explanation Share Subscriptions Receivable Common Shares Subscribed (To record sale of shares on a subscription basis) Cash Dec. 1 Share Subscriptions Receivable (To record collection of down payment) Cash Share Subscriptions Receivable (Collection of share subscriptions receivable) Common Shares Subscribed Common Shares (To record issuance of shares) Debit Credit
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
6th edition
131588141, 978-0131588141
