Present entries to record following bought 100 shares of, Ask an Expert

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Q1) Present entries to record following:

(a) Issued 1,000 shares of $10 par common stock at $45 for cash.

(b) Issued 1,400 shares of common stock in exchange for equipment with fair market price of $60,000.

(d) Sold 100 shares of treasury stock at $42.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M917005

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