Brief Exercise 15-2

Brief Exercise 15-2 Metlock Corporation issued 600 shares of no-par common stock for $9,200 Prepare Metlock's journal entry if (a) the stock has no stated value, and (b) the stock has a stated value of $4 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is reguired, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit