Chapter 11 Stockholders' Ea E11-2B. Share Issuances for Cash Henlay, Inc., issued 10,000 shares of $20 par value preferred stock at Lo $48 per share and 8,000 shares of no-par value common stock at $15 per share. The common stock has no stated value. All issuances were for cash. a. Prepare the journal entries to record the share issuances. b. Prepare the journal entry for the issuance of the common stock assuming that it had a stated Prepare the journal entry for the issuance of the common stock assuming that it had a par value Forward Stock Split On September 1, Oxford Company has 400,000 shares of $15 par value com- value of $10 per share. c. of $2 per share. E1-3B. mon stock that are issued and outstanding. The general ledger shows the following account balances relating to the common stock: $6,000,000 $2,250,000 Paid-in capital in excess of par value. On September 2, Oxford splits its stock 3-for-2 and reduces the par value to $10 per share. a. How many shares of common stock are issued and outstanding immediately following the stock split? ulance in the Common Stock account immediately following the stock split