question 5 attached in ss beforethanks fro help aprecaited iti1p5h1j Attorney Kristin Maloney invoiced Carrie for $32,970 and has agreed to accept 2,300 shares of its $0.01 par-value common stock in full payment for this invoice. Carrie issued the common stock to Attorney Maloney on January29.Record the stock-issuance transaction for Carrie. (Record debits first, then credits. Exclude explanations from any journal entries.)January 29: Carrie Corporation issues 2,300 shares of its $0.01 par-value common stock Attorney Kristin MaloneyJournal EntryDateJan 29AccountsDebitCredit

Common stock account that should be credited = 2,300 shares × $0.01 = $23

Answered: Attorney Kristin Maloney invoiced…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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