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On May 10, Riverbed Corp issues 2,300 shares of $5 par value common stock for...

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Accounting

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On May 10, Riverbed Corp issues 2,300 shares of $5 par value common stock for cash at $12 per share. Prepare a tabular summary to record the issuance of the stock. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Paid-in-Capital PIC in Exce Par Value Cash Common Stock May 10 $ $ $ On May 10, Riverbed Corp issues 2,300 shares of $5 par value common stock for cash at $12 per share. Prepare a tabular summary to record the issuance of the stock. Include margin explanations for the changes in revenues and expenses. Of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced) Stockholders' Equity Retained Earnings Revenue Expense Dividend $ Save for Later Common stock Preferred stock Dividends Attempti Pald-in-capital in excess of preferred stock Paid-in-capital in excess of common stock Interest expense

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