Prepare a journal entry for a corporation
How to prepare a journal entry for a corporation who issued 2500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be workt $43500. the stock has no stated value.
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After incurring total investigation costs of $54,000, he acquires the auto dealership August 1 of 2011. How much can Robert deduct in 2011?
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