Entries for issuing stock Chart of Accounts Journal Instructions Journalize the entries to record the following transactions for Mountain Realty Inc. Refer to the Chart of Accounts for exact wording of account tities Aug. Oct. Nov. 26 1 30 Issued for cash 120,000 shares oft no-par common stock (with a stated value of $5) at se issued at par value 40,000 shares of preferred 1%stock, S10 Rar for cash. Issued for cash 18,000 shares of preferred 1% Stock, $10 par at $13