In organizing its incorporation in January, Chupatch incurred the following costs: state incorporation fees: $250, attorney fees: $2,500, and promotional costs: $3,200. What journal entry would you make to record Chupatch's expenses? Make it below: Date Account Debit Credit

College Accounting, Chapters 1-27
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Author:HEINTZ, James A.
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Chapter20: Corporations: Organization And Capital Stock
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In organizing its incorporation in January, Chupatch incurred the following costs:
state incorporation fees: $250, attorney fees: $2,500, and promotional costs: $3,200.
What journal entry would you make to record Chupatch's expenses? Make it below:
Date
Account
Debit
Credit
Transcribed Image Text:In organizing its incorporation in January, Chupatch incurred the following costs: state incorporation fees: $250, attorney fees: $2,500, and promotional costs: $3,200. What journal entry would you make to record Chupatch's expenses? Make it below: Date Account Debit Credit
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