The Shoe Exchange issues 4,000 shares of its $1 par value common stock to provide...

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Accounting

The Shoe Exchange issues 4,000 shares of its $1 par value common stock to provide funds for further expansion. The issue price is $18 per share.
Required:
Record this transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Journal entry worksheet
1
Record this transaction.
Note: Enter debits before credits.
\table[[Transaction,General Joumal,Debit,Credit],[1,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
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