Hello! I am doing a statement of stockholder\'s equity for a company and I was w
ID: 2442116 • Letter: H
Question
Hello! I am doing a statement of stockholder's equity for a company and I was wondering how to calculate "Issuance of shares of stock" with the following categoriesCash
Accounts Receivable
Supplies
Prepaid rent
Equipment
Accumulated Depreciation
Other Long-term Assets
Accounts Payable
Unearned Revenue
Income Taxes Payable
Long-term Debt
Contributed Capital
Retained Earnings
Dividends Declared
Membership Revenue
Coaching Revenue
Coaching and Assistants Wages
Management Salaries
Facilities Rent Expense
Depreciation Expense
General Operating Expenses
Interest Revenue
Interest Expense
Income Tax Expense
Thank you!~
Explanation / Answer
Issuance of common stock entry Cash debit - increase Common stock credit -increase Assets increase Stocholder's Equity increse
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