Question: On January 1 , 2 0 2 4 , NMSU Corporation had 7 , 5 0 0 shares of $ 1 par value common stock

On January

1, 2024,

NMSU Corporation had

7, 500

shares of $

1

par value common stock issued and outstanding. The following transactions occurred during the year. Prepare journal entries for each of the transactions, in the order given; show work for partial credit:Mar

. 1

Issued

6, 000

shares of common stock for $

67, 500

Debit AmountCredit Amount

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