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Question 5 of 6 > View Policies Current Attempt in Progress During its first year of operations, Blue Spruce Corp. had these transactions pertaining
Question 5 of 6 > View Policies Current Attempt in Progress During its first year of operations, Blue Spruce Corp. had these transactions pertaining to its common stock Jan 10 Issued 27.300 shares for cash at $4 per share July 1 Issued 61,500 shares for cash at $7 per share. -18 1 Prepare a tabular summary to record the transactions, assuming that the common stock has a par value of $4 per share. 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 for parentheses) in front of the amount entered for the particular Asset Liability or Equity item that was reduced) Assets Liabilities Paid-in-Capital 1162 PM
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