Required 1 Required 2 Prepare the journal entry for the issuance of the no-par value stock at $50. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the issuance of 1,100 shares with no par value for a price of $50 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal