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prepare general journal entries to record the following issuances of shares by the Mussington Corporation in December 2019 QUESTION # 5 ISSUANCE OF SHARES Prepare

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QUESTION # 5 ISSUANCE OF SHARES Prepare General Journal entries to record the following issuances of shares by the Mussington Corporation in December 2019: Dec 1st: Mussington Corporation issued 3,620 common shares for $93,500 cash Date Account PR D ebit Credit Dec 28th Mussington Corporation issued 1,000 shares in exchange for a truck (fair market value $47,000). (Shares had not been sold since Dec. 1"). Date Account MANAG PR Debit Credit ATT

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