151 ces On January 2, 20X1, AC Inc. issued 4,500 shares of its no-par-value common stock ($50 stated value) for cash at $57 a share Required: Prepare the journal entry to record the issuance of the stock. View transaction list Journal entry worksheet Record the issuance of 4,500 shares of no-par common stock at $57 per share (stated value, $50/share). Note: Enter debits before credits. Date Jan. 02, 20X1 General Journal Debit Credit Record entry Clear entry View general journal