On January 1, 2014, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 2014, the company purchased 2,000 shares of its common stock for $15 per share for the treasury.
Instructions
Journalize the stock transactions of Wooden Company in 2014.

Question

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The Answer of On January 1, 2014, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 2014, the company purchased 2,000 shares of its common stock for $15 per share for the treasury.
Instructions
Journalize the stock transactions of Wooden Company in 2014.

On January 1, 2014, Wooden Company Issued 16,000 Shares of $2