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Prepare the journal entry to record Jevonte Company's issuance of 43,000 shares of its common stock assuming the shares have a a. $2 par value

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Prepare the journal entry to record Jevonte Company's issuance of 43,000 shares of its common stock assuming the shares have a a. $2 par value and sell for $21 cash per share b. $2 stated value and sell for $21 cash per share View transaction list Journal entry worksheet Record the issuance of 43,000 shares of common stock assuming the shares have a $2 par value and sell for $21 cash per share. Note: Enter debits before credits Debit General Journal Transaction Credit 903.000 a Cash Record the issuance of 43,000 shares of common stock assuming the shares have a $2 par value and sell for $21 cash per share. Note: Enter debits before credits. Transaction Debit Credit a. 903,000 General Journal Cash Common stock, $2 par value Contributed capital, treasury stock 86,000 817,000 Record entry Clear entry View general journal Record the issuance of 43,000 shares of common stock assuming the shares have a $2 stated value and sell for $21 cash per share. Note: Enter debits before credits. Transaction General Journal Credit Debit 903,000 b. Cash Common stock dividend distributable 86,000 Paid-in capital in excess of stated value, common stock 817,000 Record entry Clear entry View general Journal

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