Montana Company is authorized to issue 200,000 shares of ordinary shares, par value $10. On August 1, 2018, the company issued 10,000 shares @ $10 cash. On January 1, 2020, the company issued 20,000 shares @ $25 [ cash. [ Required Prepare entries in journal form to record the issuance of shares for cash on the following dates: 1. 1 August 2018. 2. 1 January 2020. [ [ [ L L

Montana Company is authorized to issue 200,000 shares of ordinary shares, par value $10. On August 1, 2018, the company issued 10,000 shares @ \$10 cash. On January 1, 2020, the company issued 20,000 shares @ \$25 cash. Required Prepare entries in journal form to record the issuance of shares for cash on the following dates: 1. 1 August 2018. 2. 1 January 2020