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Ripple Blockchain Inc issues 500 shares of common stock to a new investor for $6,000 cash. The stock has a par value of $1. Provide
Ripple Blockchain Inc issues 500 shares of common stock to a new investor for $6,000 cash. The stock has a par value of $1. Provide the journal entry to record this transaction and make it clear what accounts are being debited and what accounts are being credited?
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Sure Heres the journal entry to record the issuance of 500 shares of common stock for 6000 cash Cash ...
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
