Question: Prepare entries to record the transaction below and complete the form by filling in the blanks. Issued 3,500 shares of $18 par common stock
Prepare entries to record the transaction below and complete the form by filling in the blanks. Issued 3,500 shares of $18 par common stock in exchange for equipment with a fair market price of $65,000. common stock cash 11
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Journal Entry Date Date of the transaction 1 Equipment Account Debit 65000 2 Common Stock Par Value ... View full answer
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