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On May 10, Sunland Corporation issues 2,800 shares of $4 par value common stock for cash at $13 per share. Prepare a tabular summary to record the issuance of the stock. Include margin explanations for 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.) May 10 $ Assets Cash eTextbook and Media B $ Liabilities + + Common Stock Paid-in-Capital + Paid in Capital in E Par Value Comi $

On May 10, Sunland Corporation issues 2,800 shares of $4 par value common stock for cash at $13 per share. Prepare a tabular summary to record the issuance of the stock. Include margin explanations for changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stackholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced) On May 10 . Sunland Corporation issues 2,800 shares of $4 par value common stock for cash at $13 per share. Prepare a tabular summary to record the issuance of the stock. Include margin explanations for changes in revenues and expenses. (If a transoction causes a decrease in Assets, Liabilities or Stockholders' Equity, ploce a negative sign (or parentheses) in front of the amount entered for the particulor Asset, Liability or Equity item that wos reduced.)

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