ch13 (1) - Protected View - Saved to this PC ansitions Animations Search Slide Show Review n contain viruses. Unless you need to edit, it's safer to stay in Protected View. View Help Enable Editing Accounting for Common Stock Issues Issuing Par Value Common Stock for Cash Illustration: Assume that Hydro-Slide, Inc. issues 1,000 shares of $1 par value common stock. Prepare Hydro-Slide's journal entry if (a) 1,000 share are issued for $1 per share, and (b) 1,000 shares are issued for $5 per share