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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Recording Stock Issuances with Par ValueÂ
In a recent year, Coach, Inc., a designer and marketer of handbags and other accessories, issued 10,200 shares of its $0.01 par value stock for $43,000 (these numbers are rounded). These additional shares were issued under an employee stock option plan. Prepare the journal entry required to record the stock issuance
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