Prepare the journal entry to record Jevonte Companys issuance of 36,000 shares of its common stock assuming the shares have a:

1. $2 par value and sell for $18 cash per share.
2. $2 stated value and sell for $18 cash per share.

1. Record the issuance of 36,000 shares of common stock assuming the shares have a $2 par value and sell for $18 cash per share.

2. Record the issuance of 36,000 shares of common stock assuming the shares have a $2 stated value and sell for $18 cash per share.