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Pasta Disasta, Inc. issued 1,000 shares of the company's $1 par value stock to its owner for $2,000. The effect of this transaction on the accounting equation is to cause Common Stock to________________.
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Mar 27, 2021
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Pasta Disasta, Inc. issued 1,000 shares of the company's $1 par value stock to its owner for $2,000. The effect of this transaction on the accounting equation is to cause Common Stock to________________.
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Answer:
The answer is increase by $1000
Step-by-step explanation:
TanmayP
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Apr 2, 2021
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