Kermit Company issued 16,000 shares of its $4 par value common stock at a cash price of $23 per share on November 23 . The journal entry to record this transaction would include a credit to the common stock account in the amount of ... Question 13 5 pts A company owns equipment that costs $281,500 with accumulated depreciation of $36,500. The depreciation is up to date and sells the equipment for $273,200. What is the amount of loss or gain for the transaction? (If there is a gain, leave it as a positive number. If there is a loss, put a negative in front of the amount, for example, a 400 loss would be -400 ). Kermit Company issued 16,000 shares of its $4 par value common stock at a cash price of $23 per share on November 23. The journal entry to record this transaction would include a credit to the common stock account in the amount of... Question 13 5 pts A company owns equipment that costs $281,500 with accumulated depreciation of $36,500. The depreciation is up to date and sells the equipment for $273,200. What is the amount of loss or gain for the transaction? (If there is a gain, leave it as a positive number. If there is a loss, put a negative in front of the amount, for example, a 400 loss would be -400 )