2 TR15-8 Sharebased Compensation; Equity Settled (LO 15-6) Forgin Co. Issued 500 common shares to We Can Advertize for advertising services. The shares currently are valued at $24 per share, and the advertising services rendered are valued at $11,000. 10 Required: points 1. Provide the journal entry to be recorded with respect to issue of these shares. (If no entry Is required for a transaction/event, select "No journal entry required" In the first account field.) ebook View transaction list Print Journal entry worksheet References Record the transactions at the fair value of the goods / services acquired. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal