Environmental Designs issues 5,000 shares of its $1 par value common stock at $14 per share. (1) Record the issuance of the stock. (2) Record the issuance of the stock assuming it is no par value stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the issuance of the stock. Note: Enter debits before credits Transaction General Journal Debit Credit 1