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Galaxy corporation issues 500 shares of $1 par value common stock for $5,000. what is the total effect on owners' equity

Galaxy corporation issues 500 shares of $1 par value common stock for $5,000. what is the total effect on owners' equity
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Galaxy corporation issues 500 shares of $1 par value common stock for $5,000. what is the total effect on owners' equity

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User Promise
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1 Answer

5 votes

Answer: Increases $5,000

Step-by-step explanation:

answered
User Sopheadavid Sopheap
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