xyz corporation recieves 100000 from investors
XYZ Corporation recieves $100,000 from investors for issuing them shares of its stock. XYZ's journal entry to record this transaction would include a
a debit to investmentb credit to retained earningsc credit to capital stockd credit to revenue
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the principle that 1 requires revenue to be recognized at the time it is earned 2 allows the inflow of assets associated with revenue to be in a form
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xyz corporation recieves 100000 from investors for issuing them shares of its stock xyzs journal entry to record this transaction would include aa
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generally accepted accounting principles gaap are guidelines for companies to follow as they prepare and issue financial statemnents lets start by
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