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On May 10, company issued 2,000 shares of $10 at par value for cash at $18 per share. Present the corresponding records in the 'Journal'
On May 10, company issued 2,000 shares of $10 at par value for cash at $18 per share.
Present the corresponding records in the 'Journal' that reflect the issuance of these 2,000 shares.
File the records for a non-even common value issue of common shares.
Present the corresponding records in the 'Journal' that reflect the issuance of these 2,000 shares.
File the records for a non-even common value issue of common shares.
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Date May 10 XXXX Journal Entry Debit Cash 36000 18 x 2000 shares Credit Co...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
