Question
Mary issues common stock in exchange for legal services received. The common stock has a fair value of $2,000 and a par value of $300.
Mary issues common stock in exchange for legal services received. The common stock has a fair value of $2,000 and a par value of $300. What is the journal entry required to record this transaction?
By what amount did this transaction affect Marys total shareholder equity? (ignore taxes)
By what amount did this transaction affect Marys net income for the year? (ignore taxes)
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Auditing Security And Controls Of Windows Active Directory Domains
Authors: Derek Melber
1st Edition
0894135635, 978-0894135637
