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P1: Issuance of Common Stock On 7/1, McDonald's issued 10K shares of its common stock. The par value of the stock was $10. Prepare journal
P1: Issuance of Common Stock On 7/1, McDonald's issued 10K shares of its common stock. The par value of the stock was $10. Prepare journal entries for the issuance of the stock under each of the following independent situations: A. The stock was issued at $10 per share 10K O 100 B. The stock was issued at $30 per share tox 30 300 C. The stock was issued at $8 per share Par-100 1ox8-30
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