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Tom Yuppy, a wealthy investor, paid $20,000 for 1000 shares of $10 por common stock issued to him by Leuig Corp. A month later, Leuig
Tom Yuppy, a wealthy investor, paid $20,000 for 1000 shares of $10 por common stock issued to him by Leuig Corp. A month later, Leuig Corp. issued an additional 2,000 shares of stock to Yuppy for $25 per share Required Show the effect of the two stock issues on Lewig's books in a horizontal statements model in the Cosh Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA) if an element was not affected by the event, leave the cell blank LEUIG CORR Horizontal Statements Model Balance Sheet Stockholders' Equity Revenue Land Common PIC Stock EX Income Statement Expense - Not Income Statement of Cash Flow Assets Event Cast - 1 - Coron stock 2 - Issue of additional shares
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