S10-7. (Learning Objective 2: Issuing shares to finance the purchase of assets) This short exercise demonstrates the similarity and the difference between two ways to acquire PPE. Case AIssue shares and buy the assets in separate transactions: Ashley, Inc., issued 10,000 shares of its $20 par ordinary shares for cash of $850,000. In a separate transaction, Ashley used the cash to purchase a building for $620,000 and equipment for $230,000. Journalize the two transactions. Case B-Issue shares to acquire the assets in a single transaction: Ashley, Inc., issued 10,000 shares of its $20 par ordinary shares to acquire a building valued at $620,000 and equipment worth $230,000. Journalize this transaction. Compare the balances in all the accounts after making both sets of entries. Are the account balances similar or different