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Crane Corporation issued 1,700 shares of its $10 par value common stock for $49,200. Crane also incurred $1,700 of costs associated with issuing the stock.

Crane Corporation issued 1,700 shares of its $10 par value common stock for $49,200. Crane also incurred $1,700 of costs associated with issuing the stock. Prepare Crane's journal entry to record the issuance of the company's stock. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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Verw Flolikm Curtant Attemet in Fropress 5370bedcect ationdated with inating the stoch: credit entales. Credit account tides are outomatically indented when the amoen is enterrat tho net indent mansally if ne isntry is required, select "No Intry" for the acceunt tirfes and enter a for the arbounfe ) Crane Corporation lewed 1,700 , 4 sares of its 3 to nar vilue commen stock lor 392,203 . Crane utse incurred S1700 of conts associated with thwing the stock: Prepare Crane s journal entry to record the isxuance of the company/s wock filist oll debit entries before credit entries, Credit eccount tities dtre eutemotically indented when the amount is enternd, De net indent manuatiy. If no entry is requierd, setect 'No Entry' for the occoont tities and ruter 0 for the amounts.)

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