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Wong Incorporated is authorized to issue an unlimited number of no par value common shares. Record the journal entries for the following: Issued 2 000
- Wong Incorporated is authorized to issue an unlimited number of no par value common shares. Record the journal entries for the following:
- Issued 2 000 shares at $11 per share.
- Issued 300 shares to the lawyer for a $2 800 legal bill.
- Issued 7 000 shares for land with a fair market value of $83 000.
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
