This short exercise demonstrates the similarity and the difference between two ways to acquire capital assets (Click the icon to view the two cases.) Compare the balances in all the accounts after making both sets of entries Are the account balances the same or different? Journalize the transactions for cases A and B. (Record debits first, then credits. Explanations are not required. Leave any unused cells blank.) Let's begin with case A Record the issuance of the common shares Journal Entry Accounts Debit Credit Case A. Record the purchase of the building and equipment Journal Entry Accounts Debit Credit in the next Gestion This short exercise demonstrates the similarity and the difference between two ways to acquire capital assets (Click the icon to view the two cases.) Compare the balances in all the accounts after making both sets of entries. Are the account balances the same or different? Accounts Debit Credit a Case B. Record the issuance of the common shares to acquire assets. Journal Entry Accounts Debit Credit Compare the balances in all accounts after making both sets of entries. Are the account balances the same or different? The account balances are lize the transactions for cases A and B Record debits first then credits Explanations are not required Leave any unused cells bla egin with case A Cases x Case A_Issue shares and buy the assets in separate transactions Seaview Corporation issued 28,000 common shares for cash of $672,000. In a separate transaction, Seaview used the cash to purchase a warehouse building for $50,000 and equipment for $622,000 Journalize the two transactions Case BIssue shares to acquire the assets in a single fransaction Wallace Corporation issued 28,000 common shares to acquire a warehouse valued at $50,000 and equipment worth 3622000, Journalize this transaction. Record the pura Print Done