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 

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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