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majestico majestico
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7 years ago
Journalize the transactions for the stock subscription plan for Rico Company. On February 1, Rico received subscriptions for 90 shares of $10 par value common stock at $15 per share. The buyer will pay two equal installments on March 1 and June 1. Assume all payments are made as scheduled and the company issues the stock after the June 1 collection.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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keytwokeytwo
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7 years ago
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This site is awesome
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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