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expand operations, Aragon Consulting issued 1,000 shares of previously unissued common stock with a par value of $1. The price or the stock was $50

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expand operations, Aragon Consulting issued 1,000 shares of previously unissued common stock with a par value of $1. The price or the stock was $50 per share. Required: 1.a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance. 1.b. Prepare the journal entry for the stock issuance. 2-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance with a par value of $2. 2-b. Prepare the journal entry for the stock issuance, if the par value were $2 per share. Complete this question by entering your answers in the tabs below

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