Issuing Stock for Cash – How to record the journal entry for the issuing of common stock for cash

Issuing common stock is how a corporation can generate capital, generate money, for use in the company. Issuing common stock provides stockholders with an equity interest in the company. Mot stock sales we think of on a stock exchange are trades between investors instead of stock issued from the company. We recording stock issued from… Continue reading Issuing Stock for Cash – How to record the journal entry for the issuing of common stock for cash