Prepare the journal entry to record Autumn Companys issuance of 61,000 shares of no-par value common stock

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Prepare the journal entry to record Autumn Company’s issuance of 61,000 shares of no-par value common stock assuming the shares: Sell for $24 cash per share. Are exchanged for land valued at $1,464,000.

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

Posted Date: Apr 26, 2020 10:23 PM

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Prepare the journal entry to record Autumn Companys issuance of 61,000 shares of no-par value common stock

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Fundamental accounting principle

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