ICOT Industries issued 15 million of its $1 par common shares for $424 million on April 11. Legal, promotional, and accounting services necessary to effect the sale cost $2 million Required: 1. Prepare the journal entry to record the issuance of the shares (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field. Enter your answers in milions (l.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet C 1 Record the issuance of the shares. Note: Enter debits before credits Event General Journal Debit Credit