Accounting for Common, Preferred, and Treasury Stock: Accounting for Common Stock - Knowledge Check Knowledge Check Martinez Electricissues 830 shares of its $2 par value common stock for cash at $8 per share. Record the journal entry to issue the stock. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Attempts: 0 of 3 used