Question
Xiaoli Corp. issues 6,000 shares at $25 per share with a par value of $0.50 per share. Indicate the effect of this transaction on the
Xiaoli Corp. issues 6,000 shares at $25 per share with a par value of $0.50 per share. Indicate the effect of this transaction on the following equity accounts: Enter zero if there is no effect on a particular account. Use a minus sign to indicate negative amounts. Do not include a dollar sign when entering values.
Common Stock:
Additional Paid in Capital:
Treasury Stock:
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Computer Accounting With QuickBooks Online
Authors: Donna Kay
3rd Edition
1264127278, 9781264127276
