View Full Version : How to journalize capital stock for 10 ,000.00 cash
ngwash1
May 2, 2011, 03:19 PM
How to journalize capital stock for 10 ,000.00 cash
pready
May 2, 2011, 05:04 PM
Debit Cash for total amount received
Cedit Common Stock for par value of stock * number of shares issued
Credit Additional Paid-in Capital for the difference
If par value is not listed:
Debit Cash for amount received
Credit Common Stock for the amount
smoothy
May 2, 2011, 05:04 PM
How to read the rules for homework.
Step one. Read the following.
Read this first: Expectations for the Homework Help board
Do not simply retype or paste a question from your book or study material
We won't do your homework questions for you.
You were given the assignment for you to learn.
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