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hello, can you help me with this question please ? To expand operations, Aragon Consulting issued 1,600 shares of previously unissued common stock with no-par
hello, can you help me with this question please ?
To expand operations, Aragon Consulting issued 1,600 shares of previously unissued common stock with no-par value. Required: 1. Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no-par value stock at $50. 2. Prepare the journal entry for the issuance of the no-par value stock at $50. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the Journal entry for the issuance of the no-par value stock at $50. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the issuance of 1,600 shares with no par value for a price of $50 per share. Note: Enter debits before credits Transaction General Journal Debit Credit To expand operations, Aragon Consulting issued 1.600 shares of previously unissued common stock with no par value. Required: 1. Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no-par value stock at 2. Prepare the journal entry for the issuance of the no-par value stock at $50. $50 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no par value stock at $50. (Enter any decreases to account b minus sign) Assets Lisbilities Stockholders'Equity Required 2 > Step by Step Solution
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