United Inc. issued 150 common shares for $9.00 per share and 250 shares for $8.50 per share.

Question:

United Inc. issued 150 common shares for $9.00 per share and 250 shares for $8.50 per share. What would be the journal entry to record the combined issue?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Horngrens Accounting

ISBN: 978-0133855388

10th Canadian edition Volume 2

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood

Question Posted: