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Military Stores is authorized to issue 18,000 shares of common stock. During a two-month period Military completed the (Click the icon to view the transactions.)
Military Stores is authorized to issue 18,000 shares of common stock. During a two-month period Military completed the (Click the icon to view the transactions.) Data table Read the requirements July DEH Sept 23 Issued 1,700 shares of $3.50 par common stock for cash of $16.00 per share. 12 Received inventory with a market value of $11.000 and equipment with market value of $45.000 for 3.200 shares of the $3.50 par common stock Requirement 1. Journalize the transactions. Begin by journalize the transaction on July 23. (Record debits first then crecits. Exclude explanations from any journal Journal Entry Accounts Date Debit Credit Require Print Done July 23 1. Journalzca CAETGITISATION 2. Prepare the stockholders' equity section of Military's balance sheet for the transactions. The company's Retained Earnings account has a balance of $49.000 Print Done SEMERU Check answer Help me solve this Calculator Get more help
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