Question: Current Attempt in Progress In 2 0 2 5 , Pharoah Inc. issued 1 , 0 0 0 shares of $ 1 0 par value

 Current Attempt in Progress In 2025, Pharoah Inc. issued 1,000 shares

Current Attempt in Progress
In 2025, Pharoah Inc. issued 1,000 shares of $10 par value common stock for land worth $34,900.
(a)
Prepare Pharoah's journal entry to record the transaction. (Credit account titles are automatically indented when the amount is
entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. List all debit
entries before credit entries.)
Account Titles and Explanation
Debit
Credit
of $10 par value common stock for land worth $34,900. (a) Prepare

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