To expand operations, Aragon Consulting issued 1,150 shares of previously unissued common stock with a par value of $1. The price for the stock was $50 per share 1-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity 1-b. Prepare the journal entry for the stock issuance. (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 1,150 shares with a $1 par value for a price of $50 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit