Answer Happy

Posted: **Fri Jul 01, 2022 8:44 am**

: Olsson Corporation Received A Check From Its Underwriters For 87 Million This Was For The Issue Of One Million Of Its 1 (10.79 KiB) Viewed 28 times

Olsson Corporation received a check from its underwriters for $87 million. This was for the issue of one million of its $5 par stock that the underwriters expect to sell for $87 per share.. Which is the correct entry to record the issue of the stock? Multiple Choice