ABC paid $10,500 for 500 shares of ZTC common and 800 shares of WTC common. The ZTC shares were currently selling for $8 per share, and the WTC shares were selling for $10 per share. Calculate the debits to the investment accounts for each share.

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The Answer of ABC paid $10,500 for 500 shares of ZTC common and 800 shares of WTC common. The ZTC shares were currently selling for $8 per share, and the WTC shares were selling for $10 per share. Calculate the debits to the investment accounts for each share.

ABC Paid $10,500 for 500 Shares of ZTC Common and 800