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Taking Flight Corporation designs and produces a line of golf equipment and golf apparel. Taking Flight has 1 0 0 , 0 0 0 shares

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Taking Flight Corporation designs and produces a line of golf equipment and golf apparel. Taking Flight has 100,000 shares of common stock outstanding as of the beginning of 2024. Taking Flight has the following transactions affecting stockholders' equity in 2024.Required:Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)Journal entry worksheet12345Record the issuance of 55,000 additional shares of $1 par value common stock for $52 per share.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[March 01,2024,,,],[,,,]]
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