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Answer:
The fossils found on Flores indicated:
(1) A small body size
(2) Another species of hominin
Answer and Explanation:
The journal entry to record the issuance of the common stock is shown below;
Cash Dr (3,000 shares × $14) $52,000
To Common stock (3,000 shares × $5) $15,000
To Additional paid in capital $27,000
(being the issuance of the common stock is recorded)
Here the cash is debited as it increased the asset and credited the common stock & additional paid in capital as it also increased the equity
