Gothic Architecture is a new chain of clothing stores. Gothic issues 1,000 shares of its $1 par value common stock at $30 per share. Record the issuance of the stock. How would the entry differ if Gothic issued no-par value stock? (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

Record the issuance of $1 par value common stock.

Record the issuance of no-par value common stock.