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Home Q & A Board Other Fields Homework Help Business Accounting
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ʎddɐɥ ʎddɐɥ
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7 years ago
On July 1, 2004, Hill Smith and Dale Smith started a computer repair business that they incorporated as Hill & Dale, Inc. Hill invested $5,000 and a building valued at $10,000, in return he received 15,000 shares of common stock. Dale invested $10,000 in the business and received 10,000 shares of common stock.

Prepare a balance sheet as of July 1, 2004 to reflect the stockholders' investments.
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hol23hol23
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7 years ago
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