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Sold and issued 21,500 common shares to each of the three organizers. Collected $11 cash per share from two of the organizers, and received a
- Sold and issued 21,500 common shares to each of the three organizers. Collected $11 cash per share from two of the organizers, and received a plot of land with a small building on it in full payment for the shares of the third organizer and issued the shares immediately. Assume that 20 percent of the non-cash payment received applies to the building. What is the correct journal entry?
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Only Auditors Can Save The World Through Peace And Reconciliations
Authors: Marina Peters
1st Edition
B08C47KG6N, 979-8657479355
