Question
On January 2, 2016, Alpha Corporation issued 5,000 shares of $3.50 par value common stock. The issue price was $9.50 per share. Use this information
On January 2, 2016, Alpha Corporation issued 5,000 shares of $3.50 par value common stock. The issue price was $9.50 per share. Use this information to prepare the General Journal entry (without explanation) for the January 2 entry.
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
