Stock Issued for Cash LL, Inc. sells 1,000,000 shares of stock for Cash. The par value of the shares is $1 and the sale price is $10 per share. Please record the journal entry for the sale of the stock (3 points): Accounts Date 1/1/20 Memo: Sold 1,000,000 shares of $1 par stock for $10 a share Stock Issued for Assets other than Cash LL, Inc. acquires some inventory (estimated value $100,000) and some equipment (estimated value $200,000) by issuing 30,000 shares of common stock. Please record that journal entry. (4 points) Accounts Date 1/1/20 Memo: Issued 30,000 shares of Si par stock for inventory and equipment