Question: Question no 2: 5 Marks The following selected transactions pertain to Milton Corporation: Jan. 3 Issued 100,000 shares, $10 par value, common stock for $22

Question no 2: 5 Marks The following selected transactions pertain to

Question no 2: 5 Marks The following selected transactions pertain to Milton Corporation: Jan. 3 Issued 100,000 shares, $10 par value, common stock for $22 per share. Feb. 10 Issued 6,000 shares. $10 par value common stock in exchange for special purpose equipment. Milton Corporation's common stock has been actively traded on the stock exchange at $25 per share. Instructions journalize the transactions. Answer: Jun 3 Feb 10

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