Current Attempt in Progress

On June $1,$ Concord Inc. issues $2,700$ shares of no$-$par common stock at a cash price of $$7$ per share.

Journalize the issuance of the shares assuming the stock has a stated value of $$1$ per share. $($List all debit entries before credit entries.

Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date Account Titles and Explanation

June $1$

Debit

Credit

eTextbook and Media

List of Accounts