S 11-3 (Algo) Issuance of par and stated value common stock LO P1 Prepare the journal entry to record Jevonte Company's issuance of 36,000 shares of its common stock assuming the shares have a a. $4 par value and sell for $14 cash per share. b. $4 stated value and sell for $14 cash per share. View transaction list Journal entry worksheet 1 Record the issuance of 36,000 shares of common stock assuming the shares have a $4 par value and sell for $14 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit