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Journalize the following selected transactions that pertain to the Milton Corporation: Jan. 3 Issued 100,000 common shares, with no par value, for $25 per
Journalize the following selected transactions that pertain to the Milton Corporation: Jan. 3 Issued 100,000 common shares, with no par value, for $25 per share. Feb. 10 Issued 6,000 common shares, with no par value, in exchange for special purpose equipment costing $160,000. Milton Corporation's common shares have been actively traded on the stock exchange at $27 General Journal Date Particulars per share. Page 3 PR Debits Credits
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
