On May 10, Flint Corporation issues 2,900 shares of $ 4 par value common stock...
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Accounting
On May 10, Flint Corporation issues 2,900 shares of $ 4 par value common stock for cash at $ 12 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date
Account Titles and Explanation
Debit
Credit
May 10
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
Answer & Explanation
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