TB EX Qu$.10-160($Algo$)$ The Shoe Exchange issues...

The Shoe Exchange issues $3,000$ shares of its $$1$ par value common stock to provide funds for further expansion. The issue price is $$17$ 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.

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