Journal entry worksheet Record the issue of 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,000. The stock has a $0 per share stated value. Note: Enter debits before credits. Journal entry worksheet D ii) Record the issue of 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,000. The stock has no stated value. Note: Enter debits before credits. Journal entry worksheet Record the issue of 2,250 shares of $50 par value preferred stock for $133,500 cash. Note: Enter debits before credits