Pass the necessary journal entry with narration. On June 1, 2008 , Fedex. issued 200,000 shares of

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Pass the necessary journal entry with narration. On June 1, 2008 , Fedex. issued 200,000 shares of $4 par value stock for $50 per share. Let’s record this transaction

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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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Posted Date: May 22, 2022 07:36 AM

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Pass the necessary journal entry with narration. On June 1, 2008 , Fedex. issued 200,000 shares of

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DATE PARTICULAR DR CR 1June2008 Cash ac Dr 10800000 To Common or Preferred Stock ac 8000... View the full answer

Intermediate Accounting Reporting and Analysis

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