TB EX Qu$.10-161($Algo$)$ Environmental Designs issues...

Environmental Designs issues $4,000$ shares of its $$1$ par value common stock at $$18$ per share.

Required:

Record the issuance of the stock.

Record the issuance of the stock assuming it is no$-$par value stock.

$($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

$2$

Record the issuance of the stock.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Crodit$],[1,,,],[,,,],[,,,],[,,,],[,,,]]$