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Flip Flop Farm issued 2,000 shares of $1 par value stock for $10 a share. The journal entry to record this transaction would include
Flip Flop Farm issued 2,000 shares of $1 par value stock for $10 a share. The journal entry to record this transaction would include a Capital A. Debit of $18,000 OB. Credit of $18,000 OC Debit of $2,000 Op Credit of $2,000 to Additional Paid in
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Advanced Accounting
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
12th edition
1305084853, 978-1305464803, 130546480X, 978-1305799448, 978-1305084858
