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6 Gallery Leather located in Maine produces journals and photo albums Gallery Leather has 100,000 of $5.00 Par authorized common stock and 20,000 shares issued

6

Gallery Leather located in Maine produces journals and photo albums Gallery Leather has 100,000 of $5.00 Par authorized common stock and 20,000 shares issued and outstanding Gallery Leather issues another 6,000 shares ot $20.00 per share, what is the amount credited to common stock in the journal entry to record this issuance? Fil in the blank. Omits sign Fit in the bank

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