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Author: Pearson

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Chapter 13, Problem 13.3SE

Journalizing issuance of stock-no-par

Ashford Corporation issued 10,000 shares of no-par common stock for $5 per share on March 13. Record the stock issuance.

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Chapter 13, Problem 13.2SE

Chapter 13, Problem 13.4SE

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Chapter 13 Solutions

ACC 201/202 MYACCLAB E-TEXT ONLY >I<

Ch. 13 - Prob. 1QC Ch. 13 - Prob. 2QC Ch. 13 - Suppose Value Home and Garden Imports issued...Ch. 13 - Prob. 4QC Ch. 13 - Prob. 5QC Ch. 13 - Assume that a company paid 6 per share to purchase...Ch. 13 - Prob. 7QC Ch. 13 - A small stock dividend a. decreases common stock....Ch. 13 - Jackson Health Foods has 8,000 shares of 2 par...Ch. 13 - Prob. 10QC

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Journalizing issuance of stock-no-par Ashford Corporation issued 10,000 shares of no-par common stock for $5 per share on March 13. Record the stock issuance.

Solution Summary: The author explains the accounting equation for the journal entry for stock issuance of 10,000 shares at 5 per share.

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