Question
On February 1 of the current year, Motor, Inc. issued 500 shares of $2 par common stock to an attorney in return for preparing and
On February 1 of the current year, Motor, Inc. issued 500 shares of $2 par common stock to an attorney in return for preparing and filing the articles of incorporation. The value of the services is $8,100.
| Journalize this transaction. Refer to the Chart of Accounts for exact wording of account titles. |
PAGE 1
JOURNAL
| DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | |
|---|---|---|---|---|---|
| 1 |
| ||||
| 2 |
| ||||
| 3 |
|
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A One-Year Accounting Course Part 2
Authors: Trevor Gambling
1st Edition
0080130267, 9780080130262
