Quiz 3 Saved Penne Pharmaceuticals sold 20 million shares of its $1 par common stock to provide funds for research and development. 12 If the issue price is $10 per share, what is the journal entry to record the sale of the shares? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) 3.33 points View transaction list 8 01:09:57 Journal entry worksheet Record the sale of the shares. Note: Enter debits before credits. Event General Journal Debit Credit 200,000,000,000 1 Cash Common stock Paid-in capital - excess of par Record entry Clear entry View general journal