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Legal fees when issuing stock
AniaJC
Jul 21, 2009, 10:11 AM
What are the legal fees and underwriter's fees for existing corporation issuing stock usually accounted for?
Thank you.
morgaine300
Jul 21, 2009, 02:46 PM
Direct costs should go against what was received for the stock. Generally you would debit the Additional Paid-In Capital account.