Prepare the stockholders' equity section from transaction data
Shown below is the stockholders' equity section of Jones' balance sheet at December 31,2015. In 2015,the following events occurred:
Jones issued 2,000 shares of $5 par value common stock in exchange for legal services relating to the formation of the corporation; value of these services was set at $19,500.
Jones issued 8,000 of its 10,000 authorized shares of $8 cumulative p

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Prepare the stockholders' equity section from transaction data
Shown below is the stockholders' equity section of Jones' balance sheet at December 31,2015.  In 2015,the following events occurred:
Jones issued 2,000 shares of $5 par value common stock in exchange for legal services relating to the formation of the corporation; value of these services was set at $19,500.
Jones issued 8,000 of its 10,000 authorized shares of $8 cumulative p

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The Answer of Prepare the stockholders' equity section from transaction data
Shown below is the stockholders' equity section of Jones' balance sheet at December 31,2015.  In 2015,the following events occurred:
Jones issued 2,000 shares of $5 par value common stock in exchange for legal services relating to the formation of the corporation; value of these services was set at $19,500.
Jones issued 8,000 of its 10,000 authorized shares of $8 cumulative p

Prepare the Stockholders' Equity Section from Transaction Data