A corporation issued 180 shares of ts $5 par value common stock an payment of a $2600 charge fom es accountant for assistance in fing its chater with the state The entry to tecnedthis transaction will includeMultole ChoiceO AS2600 cedt to Comoe StockAS200 debit to Lroa ExpensesAS00 creotto Pidn Ceptal n Ecess f r Vae Conmon StooA S2600 orat to Cnh.AS00 ortit to Oroannon Erpenses

Introduction:- Issue of shares 180 Par value per share $5 Total par value of shares = 180 x $5=$900…

A corporation ssued NO shares of ns $5 par value common stock an payment of o $2.600 charge trom es acountant for sstance n fing s charter win the state The enty to this transaction will include Mutiole Choice O AS00 cedt to Coto Stock AS200 debt to Leoa Expenses A SUO rotto n Ct s o e v. Comon AS2.600 odr to C

A corporation ssued NO shares of ns $5 par value common stock an payment of o $2.600 charge trom es acountant for sstance n fing s charter win the state The enty to this transaction will include Mutiole Choice O AS00 cedt to Coto Stock AS200 debt to Leoa Expenses A SUO rotto n Ct s o e v. Comon AS2.600 odr to C

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter11: Accounting For Transactions Using A General Journal

Section11.3: Accounting For The Declaration And Payment Of A Dividend

Problem 1WT

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