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McDougall Corporation issued 41,500 shares of its $2 par-value common stock for cash at $20 a share. Prepare a journal entry to record the issuance

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McDougall Corporation issued 41,500 shares of its $2 par-value common stock for cash at $20 a share. Prepare a journal entry to record the issuance of the stock. View transaction list Journal entry worksheet 1 Record issuance of 41,500 shares of $2 par value for cash at $20 per share. Note: Enter debits before credits General Journal Debit Credit Date 2019 Clear entry View general journal

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