Check my work On January 2, 20X1, AC Incorporated issued 6,100 shares of its no-par-value common stock ($40 stated value) for cash at $45 a share. Required: Prepare the journal entry to record the issuance of the stock. View transaction list Journal entry worksheet > 1 Record the issuance of 6,100 shares of no-par common stock at $45 per share (stated value, $40/share). Note: Enter debits before credits. Date January 02, 20X1 General Journal Debit Credit 7