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Recording the Sale of Common Stock Yellow Company, a food coloring manufacturer that provides its products to large processed-food corporations, issues 36,500 shares of common
Recording the Sale of Common Stock Yellow Company, a food coloring manufacturer that provides its products to large processed-food corporations, issues 36,500 shares of common stock (par value $30) for $47 per share. Required: Prepare the necessary journal entry to record this transaction. If an amount box does not require an entry, leave it blank. Sept. 30
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Accounting Business Reporting For Decision Making
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
6th Edition
978-0730363415, 0730363414
