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On May 10, Bridgeport Corp. issues 1,300 shares of $5 par value common stock for cash at $15 per share. Prepare a tabular summary to
On May 10, Bridgeport Corp. issues 1,300 shares of $5 par value common stock for cash at $15 per share. Prepare a tabular summary to record the issuance of the stock. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Paid-in-Capital PIC in E> Par Valu Cash Common Stock + May 10 $ $ $ $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer Stockholders' Equity ital Retained Earnings PIC in Excess of Par Value Com. Revenue Expense Dividend $ $ $
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