M11-4 (Algo) Recording the sale of Common Stock LO11-3 To expand operations, Aragon Consulting issued 184,000 shares of previously unissued stock with a par value of $1. Investors purchased the stock for $18 per share. Prepare journal entries for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) a. Sale of the above stock. b. Sale of above stock if the par value was $3 per share. View transaction list Journal entry worksheet