Prepare the journal entry to record Selectist Company”s issuance of 104,000 shares of no-par…


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29.99

Prepare the journal entry to record Selectist Company”s issuance of 104,000 shares of no-par… 1 answer below » 1. Prepare the journal entry to record Channel One Company’s issuance of 100,000 shares of $0.50 par value common stock assuming the shares sell for: a. $0.50 cash per share. b. $2 cash per share. 2. Prepare the journal entry to record Selectist Company’s issuance of 104,000 shares of no-par value common stock assuming the shares: a. Sell for $15 cash per share. b. Are exchanged for land valued at $1,560,000. Jul 24 2014 07:49 AM

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29.99