Business
Business, 17.09.2019 23:10, renee9913

Madison shoes manufactures athletic shoes and sports apparel. the following activities occurred during a recent year. the amounts are presented in millions of dollars. a. purchased $228 in equipment; paid by signing a $4 long-term note and fulfilling the rest with cash. b. issued $25 in additional common stock for cash contributions made by stockholders. c. several madison shoes investors sold their own stock to other investors on the stock exchange for $170 per share of stock. required: 1. for each of the events above, prepare journal entries. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in millions (i. e., 10,000,000 should be entered as

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Madison shoes manufactures athletic shoes and sports apparel. the following activities occurred duri...

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