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1. Wagner Excavating organized as a corporation on January 18 and engaged in the following transactions
during its first two weeks of operation. Jan. 18 Issued capital stock in exchange for $400,000 cash. Jan. 22
Borrowed $100,000 from its bank by issuing a note payable. Jan. 23 Paid $200 for a radio adve… Show more
during its first two weeks of operation. Jan. 18 Issued capital stock in exchange for $400,000 cash. Jan. 22
Borrowed $100,000 from its bank by issuing a note payable. Jan. 23 Paid $200 for a radio adve… Show more
