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Sarasota Inc.'s $10 par value common stock is actively traded at a market price of $16 per share. Sarasota issues 4,500 shares to purchase and

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Sarasota Inc.'s $10 par value common stock is actively traded at a market price of $16 per share. Sarasota issues 4,500 shares to purchase and advertised for sale at $79,500 Joumalize the issuance of the stock in acquiring the land. (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 for the amounts.) Account Tiles and Explanation Debi Credit

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