QS 11-4 (Algo) Issuance of no-par common stock LO P1 Prepare the journal entry to record Autumn Company's issuance of 68,000 shares of no par value common stock assuming the shares: a. Sell for $31 cash per share. b. Are exchanged for land valued at $2,108,000 View transaction lit Journal entry worksheet 1 2 Record the issuance of 68,000 shares of no par value common stock assuming the shares sell for $31 cash per share. Note Enter debits before credits Transaction General Journal Debit Credit