Prepare the journal entry to record Zende Company's issuance of 81,000 shares of $5 par value common stock assuming the shares sell for: a. $5 cash per share. b. $6 cash per share. Answer is complete but not entirely correct. No Transaction Credit General Journal Cash Common stock, $5 stated value Debit 405,000 a. 405,000 486,000 Cash Paid-in capital in excess of par value, common stock Common dividend payable 405,000 81,000 X