Prepare journal entries to record the following selected transactions. January 10 Issued 121,000 shares of $2 par value common stock for $7 cash per share. January 15 Issued 11,900 shares of $2 par value common stock in exchange for equipment with a market value of $89,000. February 1 Issued 600 shares of $2 par value common stock to its promoters in exchange for their efforts, estimated to be worth $4,900. View transaction list Journal entry worksheet A B C Issued 121,000 shares of $2 par value common stock for $7 cash per share. Note: Enter debits before credits. Date January 10 General Journal Debit Credit

Prepare journal entries to record the following selected transactions. January 10 Issued 121,000 shares of $2 par vatue comon stock for $7 cash per share. January 15 Issued 11,900 shares of $2 par value conmon stock in exchange for equipment with a market value of $89,000. February 1 Issued 600 shares of $2 par value common stock to its promoters in exchange for their efforts, estinated to be worth $4,980. Journal entry worksheet Issued 121,000 shares of $2 par value common stock for $7 cash per share. Note: Enter debits before credits