Journal entry to record the stock issuance


A corporation issues 1,500 shares of common stock for $ 32,000. The stock has a stated value of $10 per share. The journal entry to record the stock issuance would include a credit to Common Stock?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Journal entry to record the stock issuance
Reference No:- TGS0714572

Expected delivery within 24 Hours