A corporation issues $6,000$ shares of its $$1$ par value common stock to provide funds for further expansion. The issue price is $$16$ per share.

Make the journal entry to record the issuance of the stock.

Journal entry worksheet

A

Record the issuance of the stock.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,,$Gebit,Credit$],[1,,,],[,,,],[,,,],[,,,],[,,,]]$