Question: Your answer is partially correct On May 10, Monty Corp. issues 1,900 shares of 54 par value common stock for cash at $13 per
Your answer is partially correct On May 10, Monty Corp. issues 1,900 shares of 54 par value common stock for cash at $13 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Date Account Titles and Explanation May 10 Cash Paid-in Capital in Excess of Par Value Common Stock : Common Stock eTextbook and Media List of Accounts Save for Later Debit 24700 Credit 7600 17100 Attempts: 1 of 3 used Submit Answer O ENG 706PM 6/26/2012
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