3 Journal entry worksheet 10 Record the issuance of 36000 sh

3 Journal entry worksheet 10 Record the issuance of 36,000 shares of common stock assuming the shares have a $2 par value and sell for $18 cash per share. etlook Him Print Reserences Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Prey ] of 12111 Next > Add

Solution

Solution 3:

Solution 2:

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Journal Entries
Transaction	Particulars	Debit	Credit
a	Cash Dr	$648,000.00
	To Common stock		$72,000.00
	To Paid in capital in excess of par - common stock		$576,000.00
	(To record issue of common stock)