Business, 11.09.2019 20:10 kamerin46

Weldon engineering owes one of its creditors $20,000. to settle the debt, weldon pays $5,000 cash and also issues common stock valued at $15,000 to the creditor. how would this repayment of the $20,000 debt be recorded in weldon's books?

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Weldon engineering owes one of its creditors $20,000. to settle the debt, weldon pays $5,000 cash an...

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