Prepare the journal entry to record Autumn Company's issuance of 69,000 shares of no-par value common stock assuming the shares:

1. Sell for $32 cash per share.
2. Are exchanged for land valued at $2,208,000.

Journal entry worksheet Record the issuance of 69,000 shares of nopar value common stock assuming the shares sell for $32 cash per share. Note: Enter debits before credits. Record entry Clear entry View general journal Journal entry worksheet Record the issuance of l("19,000 shares of nopar value common stock assuming the shares are exchanged for land valued at $2,208,000. Note: Enter debits before credits. Record entry Clear entrmlr View general journal