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gnment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN Blue Spruce Corp. issued 2,550 shares of stock. Prepare the entry for the
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Debit Credit
a Cash 48500
      Common Stock 22950 =2550*9
      Paid-in Capital in Excess of Par value-Common Stock 25550
b Cash 48500
      Common Stock 22950 =2550*9
      Paid-in Capital in Excess of Stated Value-Common Stock 25550
c Cash 48500
      Common Stock 48500
d Organization Expense 48500
      Common Stock 22950 =2550*9
      Paid-in Capital in Excess of Par value-Common Stock 25550
e Land 48500
      Common Stock 22950 =2550*9
      Paid-in Capital in Excess of Par value-Common Stock 25550
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