Check my work Tom Yuppy, a wealthy investor, paid $43,920 for 1,220 shares of $10 par common stock issued to him by Leuig Corp. A month later, Leuig Corp. issued an-additional 2,440 shares of stock to...


Check my work<br>Tom Yuppy, a wealthy investor, paid $43,920 for 1,220 shares of $10 par common stock issued to him by Leuig Corp. A month later,<br>Leuig Corp. issued an-additional 2,440 shares of stock to Yuppy for $36 per share.<br>Required<br>Show the elfect of the two stock issues on Leuig's books in a horizontal statements model, In the Cash Flow column, indicate whether<br>the item is an operating activity (OA), investing activity (IA), or financing activity (FA). If an element was not affected by the event, leave<br>the cell blank<br>LEUIO CORP.<br>Horizontal Statements Model<br>Balance Sheet<br>Income Statement<br>Statement of Cash<br>Flow<br>Assets<br>Stockholders' Equity<br>Revenue<br>Expense<br>Net Income<br>Event<br>PIC In<br>Excess<br>Common<br>Cash<br>Land<br>Stock<br>1- Common stock<br>2-Issue of additional shares<br>

Extracted text: Check my work Tom Yuppy, a wealthy investor, paid $43,920 for 1,220 shares of $10 par common stock issued to him by Leuig Corp. A month later, Leuig Corp. issued an-additional 2,440 shares of stock to Yuppy for $36 per share. Required Show the elfect of the two stock issues on Leuig's books in a horizontal statements model, In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). If an element was not affected by the event, leave the cell blank LEUIO CORP. Horizontal Statements Model Balance Sheet Income Statement Statement of Cash Flow Assets Stockholders' Equity Revenue Expense Net Income Event PIC In Excess Common Cash Land Stock 1- Common stock 2-Issue of additional shares

Jun 10, 2022
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