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New Wave Architecture is a new chain of clothing stores. New Wave issues 1,000 shares of its $1 par value common stock at $22 pe

New Wave Architecture is a new chain of clothing stores. New Wave issues 1,000 shares of its $1 par value common stock at $22 pe share. Record the issuance of the stock. How would the entry differ if New Wave 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.) View transaction list Journal entry worksheet < 1 2 Record the issuance of $1 par value common stock. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit View general journal Record entry Clear entry

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