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How would the given transaction affect pantons books

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Panton ice acquired 18000 shares of glotfelty corp several years ago. Glotfelty issues 5000 shares of previously unissed stock to the public for $27 per share. None of this stock is purchased by panton How would this transaction affect panton's books?

Reference no: EM131779842

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How would the given transaction affect pantons books : Panton ice acquired 18000 share of glotfelty corp several years ago. None of this stock is purchased by panton How would this transaction affect panton's books?
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