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Help Sa During its first year of operations Cole's Electronics Inc completed the following transactions relating to shareholders' equity. January 5: Issund 1.800,000 shares of
Help Sa During its first year of operations Cole's Electronics Inc completed the following transactions relating to shareholders' equity. January 5: Issund 1.800,000 shares of common stock for $3% per share. February 121 Issued 21.00 hores of common stock to accountants for $924,400 of professional services The articles of incorporation authorize 5.000.000 shares of common stock with a par of $1 per share and 1,000,000 preferred shares with a per of $100 per share Required: Record the above tramaction. In general Journal form (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list
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