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i need answer for this ? please Luis Corporation issued 2,500 ordinary shares. Prepare the entry for the issuance under the following assumptions. (Credit account
i need answer for this
? please
Luis Corporation issued 2,500 ordinary shares. Prepare the entry for the issuance under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not (a) The shares had a par value of $7 per share and were issued for a total of $47,600. (b) The shares had a stated value of $7 per share and were issued for a total of $47,600. (c) The shares had no par or stated value and were issued for a total of $47,600. (d) The shares had a par value of $7 per share and were issued to attorneys for services during incorporation valued at $47,600. (e) The shares had a par value of $7 per share and were issued for land worth $47,600Step by Step Solution
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