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QS 11-4 (Algo) Issuance of no-par common stock LO P1 Prepare the joumal entry to record Autumn Company's issuance of 72,000 shares of no-par value

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QS 11-4 (Algo) Issuance of no-par common stock LO P1 Prepare the joumal entry to record Autumn Company's issuance of 72,000 shares of no-par value common stock assuming the shares: a. Sell for $26 cash per share. b. Are exchanged for land valued at $1,872,000. Journal entry worksheet 2 Record the issuance of 72,000 shares of no-par value common stock assuming the shares sell for $26 cash per share. Note: Enter debits before credits

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