At fiscal year-end 2012, Hana Printer and Delightful Doughnuts reported these adapted amounts on their balance sheets

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At fiscal year-end 2012, Hana Printer and Delightful Doughnuts reported these adapted amounts on their balance sheets (amounts in millions):

Assume each company issued its stock in a single transaction. Journalize each company€™s issuance of its stock, using its actual account titles. Explanations are notrequired.

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Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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Question Posted: Apr 22, 2013 01:37 AM

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At fiscal year-end 2012, Hana Printer and Delightful Doughnuts reported these adapted amounts on their balance sheets

Question:

Hana Printer: Common stock, $0.01 par value, 2,700 shares issued Additional paid-in capital $ 27 17,800 Delightful Doughnuts Common stock, no par value, 66 shares issued $ 298

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Financial accounting

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