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35
What is the JE for issuing Common Stock in exchange of Non-cash assets?
Given:
10,000 shares, $10 par in exchange of Land @ $50,000 and Building @ $90,000
Given:
10,000 shares, $10 par in exchange of Land @ $50,000 and Building @ $90,000
Land 50,000
Building 90,000
CS 100,000
PIC 40,000
Building 90,000
CS 100,000
PIC 40,000
Karteninfo:
Autor: savhighsmith
Oberthema: Accounting
Thema: General
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 01.05.2010