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ivory5130
Sep 11, 2007, 05:54 AM
I am stuck on one of my questions, I was able to figure all other's out but this one is a little difficult.

On April 6, MTV issues 2000 shares of 20 par value common stock for 35,000 of inventory, 135,000 of machinery, and acceptance of a 84,000 note payable.

cash 35,000
common stock 35,000

I'm not sure what to do with the rest.:confused: