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Question 7 Metlock Corporation issued 580 shares of no-par common stock for $8,200 Prepare Metlock's journal entry if (a) the stock has no stated value,

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Question 7 Metlock Corporation issued 580 shares of no-par common stock for $8,200 Prepare Metlock's journal entry if (a) the stock has no stated value, and (b) the stock has a stated value of $5 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit SHOW LIST OF ACCOUNTS LINK TO TEXT

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