Western Wear Clothing issues 3,000 shares of its $0.01 par value common stock to provide...

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Accounting

Western Wear Clothing issues 3,000 shares of its $0.01 par value common stock to provide funds for further expansion. Assume the issue price is $11 per share. Determine the financial statement effects of the issuance of common stock

Revenues

Income Statement

Expenses

Net Income

Assets

Balance Sheet

Liabilities

Stockholders' Equity

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