1. When a company issues 29,000 shares of $4 par value common stock for $40 per share, the journal entry for this issuance would include: A debit to Cash for $116,000 A credit to Additional Paid-in Capital for $1,044,000 \"ll\"ll'i A credit to Common Stock for $1,160,000 A debit to Additional Paid-in Capital for $116,000 1