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Posted: **Thu May 19, 2022 12:11 pm**

: In 2020 Sweet Inc Issued 1 200 Shares Of 10 Par Value Common Stock For Land Worth 43 500 A Prepare Sweet S Journa 1 (47.08 KiB) Viewed 40 times

: In 2020 Sweet Inc Issued 1 200 Shares Of 10 Par Value Common Stock For Land Worth 43 500 A Prepare Sweet S Journa 2 (40.33 KiB) Viewed 40 times

In 2020, Sweet Inc. issued 1,200 shares of $10 par value common stock for land worth $43,500. (a) Prepare Sweet's journal entry to record the transaction. (Credit account titles are automatically indented when amour not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit (b) Indicate the effect the transaction has on cash. (c) Indicate how the transaction is reported on the statement of cash flows. Sweet Inc. Statement of Cash Flows (Partial)
(b) Indicate the effect the transaction has on cash. (c) Indicate how the transaction is reported on the statement of cash flows. Sweet Inc. Statement of Cash Flows (Partial)