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On January 2, 2019, Best Corporation issued 3,000 shares of its $15 par-value common stock for cash at $36 a share. Prepare a journal entry

On January 2, 2019, Best Corporation issued 3,000 shares of its $15 par-value common stock for cash at $36 a share. Prepare a journal entry to record the issuance of the stock.

Journal entry worksheet

  • Record the issuance of 3,000 shares of $15 par common stock at $36 per share.

Note: Enter debits before credits.

Date General Journal Debit Credit
Jan 02, 2019

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