Incentive Corporation was authorized to issue shares of common stock, each with a $ par value. During its first year, the following selected transactions were completed:
a Issued shares of common stock for cash at $ per share.
b Issued shares of commn stock for cash at $ per share.
Required:
Complete the table below, indicating the account, amount, and direction of the effect for the above transactions. Enter any decreases to account balances with a minus sign.
tableAssets,Liabilities,Stockholders' Ecaabb