Recording the Sale of Common Shares} Green Company, a food colouring manufacturer that provides its products to
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Recording the Sale of Common Shares}
Green Company, a food colouring manufacturer that provides its products to large processed food corporations, issues 450,000 shares of common shares (par value \(\$ 0.10\) ) for \(\$ 22\) per share on September 30, 2018.
\section*{Required:}
Prepare the necessary journal entry to record this transaction.
\section*{Brief Exercise
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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