Question: This short exercise demonstrates the similarity and the difference between two ways to acquire plant assets. LOADING... (Click the icon to view the cases.) Compare

This short exercise demonstrates the similarity and the difference between two ways to acquire plant assets. LOADING... (Click the icon to view the cases.) Compare the balances in all the accounts after making both sets of entries. Are the account balances the same or different? Question content area bottom Part 1 Journalize the transactions for cases A and B. (Record debits first, then credits. Exclude explanations from any journal entries.) Let's begin with case A - Record the issuance of the common stock. Journal Entry Accounts Debit Credit Help me solve thisEtext pages Get more help Clear all Check answer pop-up content starts More info Case A - Issue stock and buy the assets in separate transactions: ArlingtonArlington Company issued 21 comma 00021,000 shares of its $ 35$35 par common stock for cash of $ 975 comma 000$975,000. In a separate transaction, ArlingtonArlington used the cash to purchase a building for $ 500 comma 000$500,000 and equipment for $ 475 comma 000$475,000. Journalize the two transactions

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