Question
June 30 Sold all 1,000 shares of the PKL Corporation common stock that has been held as a short-term investment. The selling price of the
June 30
Sold all 1,000 shares of the PKL Corporation common stock that has been held as a short-term investment. The selling price of the stock was 11 1/2, less a commission of $275.00. The original purchase price for these shares was $8,000. How would this look as a journal entry?
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IT Auditing And Application Controls For Small And Mid Sized Enterprises Revenue Expenditure Inventory Payroll And More
Authors: Jason Wood, William Brown, Harry Howe
1st Edition
1118072618, 9781118072615
