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On January 1, Vera Clothing Inc issued 13000 shares of common stock, $5 par for $260000. Related to this issuance the company incurred legal and

On January 1, Vera Clothing Inc issued 13000 shares of common stock, $5 par for $260000. Related to this issuance the company incurred legal and accounting fees of $6500 and administrative fee of $6500.
Prepare a journal entry on January 1

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Question

On January 1, Vera Clothing Inc issued 13000 shares of common stock, $5 par for $260000. Related to this issuance the company incurred legal and

On January 1, Vera Clothing Inc issued 13000 shares of common stock, $5 par for $260000. Related to this issuance the company incurred legal and accounting fees of $6500 and administrative fee of $6500. Prepare a journal entry on January 1

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Intermediate accounting

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On January 1, Vera Clothing Inc issued 13000 shares of common stock, $5 par for $260000. Related to this issuance the company incurred legal and accounting fees of $6500 and administrative fee of $6500.
Prepare a journal entry on January 1