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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. Prepare the journal entry to record Channel One Company’s issuance of 100,000 shares of $0.50 par value common stock assuming the shares sell for:
a. $0.50 cash per share.
b. $2 cash per share.
2. Prepare the journal entry to record Selectist Company’s issuance of 104,000 shares of no-par value common stock assuming the shares:
a. Sell for $15 cash per share.
b. Are exchanged for land valued at $1,560,000.
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â----------- -----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------