Rakish Co. purchases 3,500 shares of the company's $6 par common stock for $8/share. Journalize the transaction.
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Question

Rakish Co. purchases 3,500 shares of the company's $6 par common stock for $8/share. Journalize the transaction.
 $$\begin{array} { | l | l | l | } 
\hline \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad&\quad\quad\quad\quad &\quad\quad\quad \
\hline & & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Rakish Co. purchases 3,500 shares of the company's $6 par common stock for $8/share. Journalize the transaction.
 $$\begin{array} { | l | l | l | } 
\hline \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad&\quad\quad\quad\quad &\quad\quad\quad \
\hline & & \
\hline
\end{array}$$

Rakish Co Purchases 3,500 Shares of the Company's $6 Par Common