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    whitrenae44's Avatar
    whitrenae44 Posts: 1, Reputation: 1
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    #1

    Jun 3, 2009, 01:36 PM
    Journalizing this transaction
    Newgen Products Inc. issued 18,000 shares of common stock at $15 par in exchange for land, buildings, and equipment with fair maket prices of $50,000, $275,000, and $60,000, respectively.
    myoungii's Avatar
    myoungii Posts: 12, Reputation: 1
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    #2

    Jun 4, 2009, 12:33 AM

    If you would show an attempt at this problem I would be willing to help you.
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