Scarecrow inc issues 50000 shares of 2 par value common


Scarecrow, Inc., issues 50,000 shares of $2 par value common stock. The shares are sold for $25 per share. Prepare the journal entry to record the issuance of the stock.

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Financial Accounting: Scarecrow inc issues 50000 shares of 2 par value common
Reference No:- TGS01159935

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