Question: 2-3. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance with a par value of $2. (Enter
2-3. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance with a par value of $2. (Enter any decreases to account balances with a minus sign.) Cash 6,480,000 0 Common St 2-b. Prepare the younal entry for the stock issuance, i the parvalue were s2 per share if no entry s required for a transaction/event, select "No Journal Entry Required" in the first account fheld.) View transaction list Journal entry worksheet Record the issuance of 1,800 shares with a s2 par value for a price of $50 per share Note: Enter debits before credits. tion General Journal Debit Credit Cash 6.480,000 Common Stock 3,600 Record entry Clear entry ype here to search 2-3. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance with a par value of $2. (Enter any decreases to account balances with a minus sign.) Cash 6,480,000 0 Common St 2-b. Prepare the younal entry for the stock issuance, i the parvalue were s2 per share if no entry s required for a transaction/event, select "No Journal Entry Required" in the first account fheld.) View transaction list Journal entry worksheet Record the issuance of 1,800 shares with a s2 par value for a price of $50 per share Note: Enter debits before credits. tion General Journal Debit Credit Cash 6.480,000 Common Stock 3,600 Record entry Clear entry ype here to search
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