Question
Hewitt Company's balance sheet shows: Common stock, $20 par $3,000,000 Paid-in capital in excess of par 1,050,000 Match the following transactions with the correct journal
Hewitt Company's balance sheet shows:
Common stock, $20 par $3,000,000
Paid-in capital in excess of par 1,050,000
Match the following transactions with the correct journal entry, using the cost method. Assume all shares originally issued at the same price, $27 each.
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