In March 2011, Mary Tone organized a corporation to provide package delivery services. The company, called Tone Deliveries, Inc., began operations immediately
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In March 2011, Mary Tone organized a corporation to provide package delivery services. The company, called Tone Deliveries, Inc., began operations immediately
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Yes it is true
Explanation:
Transactions during the month of March were as follows: Mar. 2 The corporation issued 40,000 shares of capital stock to Mary Tone in exchange for $80,000 cash.
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