Essay
The following selected transactions pertain to the Saturn Corporation:
Aug 20 Issued 20,000 common shares for $ 32 cash per share.
Nov 3 Issued 800 common shares in exchange for machinery required for the shop with an appraised value of $ 60,000. Saturn Corporation's common shares have been actively traded on the Toronto Stock Exchange at $ 78 per share.
Instructions
Journalize the transactions.
Correct Answer:
Verified
Correct Answer:
Verified
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