PDA

View Full Version : How do I to put this as a Journal Entry


beachbebe6543
Sep 11, 2013, 12:55 PM
Began a business by placing 14,400 in a business checking account in the name of the corporation in exchange for 14,400 shares of $1 par value common stock.


What entries would I use?

pready
Sep 11, 2013, 12:57 PM
Your accounts will be cash and common stock.