Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: majestico on Jun 6, 2017



Title: The Harvester Corporation issued 50 shares of $20 par value stock to its accountant. The shares are ...
Post by: majestico on Jun 6, 2017
The Harvester Corporation issued 50 shares of $20 par value stock to its accountant. The shares are in full payment for her $900 fee for assistance in setting up the new company. The entry to record the issuance of the stock would include a:
A) debit to Common Stock for $900.
B) credit to Common Stock for $900.
C) debit to Common Stock for $1,000.
D) credit to Common Stock for $1,000.


Title: Re: The Harvester Corporation issued 50 shares of $20 par value stock to its accountant. The shares ...
Post by: Laffio on Jun 6, 2017
Content hidden


Title: Re: The Harvester Corporation issued 50 shares of $20 par value stock to its accountant. The shares are ...
Post by: majestico on Sep 3, 2017
This is excellent. Excellent answer