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Whats is the Journal entery for costs of issuing stock?
Debit Capital stock xx Credit Cash xx Generally you would offset costs of issuing common or preferred stock against the similar equity account.
What is the journal entry for issuing 1000000 shares of 1 par common stock in exchange for legal services?
[Debit] Legal Services expenses 1000000 [Credit] Share capital account 1000000
What is a journal entry to buy equipment with common stock?
Equipment is not actually bought using common stock rather it is purchased from cash by issuing common stock so journal entry is : [Debit] Equipment [Credit] Cash / bank
Journal entry for Issuing Par Value Common Stock to another company?
[Debit] Cash / bank [Credit] share capital
What are the accounting journal entries for the redemption of common stock?
Debit common stockCredit redemption of common stock account
Whats is the Journal entery for costs of issuing stock?
Debit Capital stock xx Credit Cash xx Generally you would offset costs of issuing common or preferred stock against the similar equity account.
What is the journal entry for issuing 1000000 shares of 1 par common stock in exchange for legal services?
[Debit] Legal Services expenses 1000000 [Credit] Share capital account 1000000
What is a journal entry to buy equipment with common stock?
Equipment is not actually bought using common stock rather it is purchased from cash by issuing common stock so journal entry is : [Debit] Equipment [Credit] Cash / bank
Journal entry for Issuing Par Value Common Stock to another company?
[Debit] Cash / bank [Credit] share capital
What are the accounting journal entries for the redemption of common stock?
Debit common stockCredit redemption of common stock account
What are the accounting journal entries to record common stock redemption?
Debit common stockCredit redemption of common stock account
What are the journal entries for issuing 45000 shares of common stock in exchange for land and building?
debit land and building 45000credit shares in share capital 45000
Is journal a common noun?
Yes, the word journal is a common noun, A proper noun would be the name of a journal, for example, The Journal of the American Medical Association.
What are the accounting journal entries to record the exchange of debt for common stock?
Debit the liability (debt) account and credit Common Stock (for the par value of the shares) and Additional Paid in Capital (for the balance).
What is one major expense associated with issuing new shares of common stock?
Underpricing is one major expense associated with issuing new shares of common stock.
When seeking long term financing an advantage of issuing bonds over issuing common stock is that stockholder control is not affected?
TRUE
When seeking long-term financing an advantage of issuing bonds over issuing common Stock is that stockholder control is not affected?
TRUE
