On may 10 a company issued for cash 1500 shares of 2 par


Question - On May 10, a company issued for cash 1,500 shares of $2 par common stock at $14, and on May 15, it issued for cash 2,000 shares of $15 par preferred stock at $58.

Journalize the entries for May 10 and 15.

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Accounting Basics: On may 10 a company issued for cash 1500 shares of 2 par
Reference No:- TGS02595535

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