Tina Corporation issued 4,000 shares of common stock with a par value of $10 in exchange for

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Tina Corporation issued 4,000 shares of common stock with a par value of $10 in exchange for a truck. The truck had a fair market value of $65,000. The entry to record this transaction includes a credit to Capital Paid in Excess Par - CS for ?

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Principles of Accounting

ISBN: 978-0618736614

10th edition

Authors: Belverd Needles, Marian Powers, Susan Crosson

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Posted Date: Apr 11, 2023 07:35 AM

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Tina Corporation issued 4,000 shares of common stock with a par value of $10 in exchange for

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Principles of Accounting

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