M11-4 Recording the sale of Common Stock LO11-3 To expand operations, Aragon Consulting issued 176,000 shares of previously unissued stock with a par value of $1. Investors purchased the stock for $17 per share. a. Sale of the above stock b. Sale of above stock if the par value was $2 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.) View transaction list Journal entry worksheet Record the sale of 176,000 shares of stock with a par value of $1. The selling price was $17 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the sale of 176,000 shares of stock with a par value of $1. The selling price was $17 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the sale of 176,000 shares of stock if the par value was $2 per share. The selling price was $17 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Neyt