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Percy Corporation was formed on January 1 The corporate charter authorized 100,000 shares of $10 per value common stock During the first month of operation

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Percy Corporation was formed on January 1 The corporate charter authorized 100,000 shares of $10 per value common stock During the first month of operation the corporation and 400 shares to its attomeys in payment of a $6.000 charge for drawing up the antices of incorporation. The entry to record the transaction would anclude Multiple Choice Adebt to Ogion Expenses for $6.000 A debito din Capital in Excess of re. Common Stoute 52.000 A de Comune Sixto 56,000 Oceano Pad Capital Excess of Pt. Conton Stock to SE000 Agerpen 14000

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