PC Law Firm provides services for Cougar Capital Corp and bills $100,000 for their services, which cost them $70,000 to Cougar's common stock has a par value of $2 per share. The common stock shares trade actively and was trading for $ amount should the stock issuance be recorded on Cougar's books? 100.000

PC Law Firm provides services for Cougar Capital Corp and bills $100,000 for their services, which cost them $70,000 to Cougar's common stock has a par value of $2 per share. The common stock shares trade actively and was trading for $ amount should the stock issuance be recorded on Cougar's books? 100.000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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