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Prepare the journal entry to record Jevonte Company's issuance of 40,000 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 40,000 shares of its common stock assuming the shares have a: a. $2 par value and sell for $18 cash per share. b. $2 stated value and sell for $18 cash per share. View transaction list Journal entry worksheet 1 2 > Record the issuance of 40,000 shares of common stock assuming the shares have a $2 par value and sell for $18 cash per share. Note: Enter debits before credits Transaction General Journal Debit Credit a

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