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34
What is the JE for issuing Common Stock at a Premium?
Given:
10,000 shares, $10 par, $12/share
Given:
10,000 shares, $10 par, $12/share
Cash 120,000
CS 100,000
Paid in Capital in excess of par 20,000
CS 100,000
Paid in Capital in excess of par 20,000
Flashcard info:
Author: savhighsmith
Main topic: Accounting
Topic: General
School / Univ.: UGA
City: Athens
Published: 01.05.2010