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1 Brief Exercise 18-2 (Algo) Stock issued (L018-4) point Penne Pharmaceuticals sold 19 million shares of its por common stock to provide funds for research

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1 Brief Exercise 18-2 (Algo) Stock issued (L018-4) point Penne Pharmaceuticals sold 19 million shares of its por common stock to provide funds for research and development If the issue price is $8 per share, what is the journal entry to record the sale of the shares? (if no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions de 10.000.000 should be entered as 10.) 00:43

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