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Question 4 Not complete Mark 6.00 out of 9.00 P Flag question Issuance of Common Stock Smith & Sons, Inc. is authorized to issue one

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Question 4 Not complete Mark 6.00 out of 9.00 P Flag question Issuance of Common Stock Smith & Sons, Inc. is authorized to issue one million shares of $1 par value common stock. The company actually sells 600,000 shares at 512 per share Prepare the journal entry to record the issuance of the 600,000 shares General Journal Description Debit Credit Cash 0 x 0 Common stock - 51 par value 0 OK Additional paid in capital in excess of par value O 0 Check

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