takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Guest Partly correct b. Issued 7,000 shares of common stock on May 1 to acquire a factory building from Barkley Company. Barkley had acquired the building in 2013 at a price of $150,000. Horace estimated that the building was worth $175,000 on May 1, 2017 Activity Financing and Investing Accounts Building increase, Common Stock Increase, Additional Paid in Capital - Common Increase Statement(s) Balance Sheet only How does this entry affect the accounting equation? Na financial statement item is not affected, select 'No Entry and leave the amount box blank. If the effect on a financial statement item is negative, a decrease be sure to enter the answer with a minus sign Balance Sheet Stockholders Assets Liabilities Equity Building No Entry Common Stock No Entry No Entry No Entry Additional Pald-in Capital - Common No Entry Check My Work Previous All work saved und Exit Submit Assanent for Grading O 16 PM takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Guest Partly correct b. Issued 7,000 shares of common stock on May 1 to acquire a factory building from Barkley Company. Barkley had acquired the building in 2013 at a price of $150,000. Horace estimated that the building was worth $175,000 on May 1, 2017 Activity Financing and Investing Accounts Building increase, Common Stock Increase, Additional Paid in Capital - Common Increase Statement(s) Balance Sheet only How does this entry affect the accounting equation? Na financial statement item is not affected, select 'No Entry and leave the amount box blank. If the effect on a financial statement item is negative, a decrease be sure to enter the answer with a minus sign Balance Sheet Stockholders Assets Liabilities Equity Building No Entry Common Stock No Entry No Entry No Entry Additional Pald-in Capital - Common No Entry Check My Work Previous All work saved und Exit Submit Assanent for Grading O 16 PM