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Recording the Issuance of commom stock A company issued 200 shares of $2 par value...

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Accounting

Recording the Issuance of commom stock A company issued 200 shares of $2 par value stock for $10 per share on January 14.

Required:

Prepare the entry that the company would make to record the issuance. If an amount box doesnot require an entry, leave it blank.

Jan 14.

How would the entry change if the par value was $1? If an amount box does not require an entry, leave it blank.

Jan 14

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