Ms. Cloud opened a business checking account at Wells Fargo Bank by depositing $50,000. The corporation issued
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Ms. Cloud opened a business checking account at Wells Fargo Bank by depositing $50,000. The corporation issued her a stock certificate for 5,000 shares of common stock.
How would this look on a journal entry?
Related Book For
Business Law Principles for Today's Commercial Environment
ISBN: 978-1305575158
5th edition
Authors: David P. Twomey, Marianne M. Jennings, Stephanie M Greene
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