sandyham
Aug 30, 2009, 08:26 PM
Owners invest $40,000 in exchange for common stock. How does go in the balance sheet?
rehmanvohra
Aug 31, 2009, 12:42 AM
Owners invest $40,000 in exchange for common stock. How does go in the balance sheet?
Analyze the transaction. See which balance sheet element is involved and then make the required entry, unless you have some other solution.
pready
Sep 2, 2009, 11:30 AM
What did you receive? And what did you issue?