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    beachbebe6543's Avatar
    beachbebe6543 Posts: 3, Reputation: 1
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    #1

    Sep 11, 2013, 12:55 PM
    How do I to put this as a Journal Entry
    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's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

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