On february 1 2012 buffalo corporation issued 2870 shares, Ask an Expert

Accounting

On February 1, 2012, Buffalo Corporation issued 2,870 shares of its $7 par value common stock for land worth $36,160.

Prepare the February 1, 2012, journal entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9959810

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