2. Prepare the journal entry for the issuance of the no-par value stock at $50. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 1 Record the issuance of 1,950 shares with no par value for a price of $50 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit comm Additional Paid-in Capital, Common Stock Common Stock Record entry Clear entry View general journal