Kagel Corporation had 30,000 shares of $5 par value common stock issued and outstanding on December 31,2009.Each share was issued during 2007 at $14 per share.Prepare the entries in journal form without explanations for the following transactions occurring in 2010:

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The Answer of Kagel Corporation had 30,000 shares of $5 par value common stock issued and outstanding on December 31,2009.Each share was issued during 2007 at $14 per share.Prepare the entries in journal form without explanations for the following transactions occurring in 2010:

Kagel Corporation Had 30,000 Shares of $5 Par Value Common