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    vmop30's Avatar
    vmop30 Posts: 9, Reputation: 1
    New Member
    		  
    #1

    Jan 30, 2007, 05:21 PM
    journal entry
    How do I record the following JE

    - Deep sea fishing Dreams Inc. sold 50,000 shares of $5 par value common stock for $250,000.
    KongTheKonqueror's Avatar
    KongTheKonqueror Posts: 75, Reputation: 13
    Junior Member
    		  
    #2

    Feb 4, 2007, 10:07 PM
    Dr. Cash 250,000
    Cr. Common Stock 250,000
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