Initial capitalization allowed for 20000 par value shares
Question - "Initial capitalization allowed for 20,000 par value shares. Robb, his lawyer and his wife were named as Directors of the Corporation. Robb contributed $10,000 in exchange for 10,000 shares"
How is this translated into journal entries?
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question - initial capitalization allowed for 20000 par value shares robb his lawyer and his wife were named as
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