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QS 11-3 Issuance of par and stated value common stock LO P1 Prepare the journal entry to record Jevonte Companys issuance of 36,000 shares of

QS 11-3 Issuance of par and stated value common stock LO P1

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

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

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