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Prepare journal entries to record the following selected transactions. January 10 Issued 106,000 shares of $2 par value common stock for $6 cash per
Prepare journal entries to record the following selected transactions. January 10 Issued 106,000 shares of $2 par value common stock for $6 cash per share. January 15 Issued 18,400 shares of $2 par value common stock in exchange for equipment with a market value of $74,000. February 1 Issued 700 shares of $2 par value common stock to its promoters in exchange for their efforts, estimated to be worth $3,400. View transaction list Journal entry worksheet < A B C Issued 106,000 shares of $2 par value common stock for $6 cash per share. Note: Enter debits before credits. Date January 10 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet < A C Issued 10,400 shares of $2 par value common stock in exchange for equipment with a market value of $74,000. Note: Enter debits before credits. Date January 15 General Journal Debit Credit Record entry Clear entry View general journal > View transaction list Journal entry worksheet < B S Issued 700 shares of $2 par value common stock to its promoters in exchange for their efforts, estimated to be worth $3,400. Note: Enter debits before credits. Date February 01 General Journal Debit Credit Record entry Clear entry View general Journal
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