To expand operations, Aragon Consulting issued 1,900 shares of previously unissued common stock with no-par value.

Required:

1. Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no-par value stock at $50.

2. Prepare the journal entry for the issuance of the no-par value stock at $50.

To expand operations, Aragon Consulting issued 1,900 shares of previously unissued common stock with no-par value. Required: 1. Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no-par value stock at $50. 2. Prepare the journal entry for the issuance of the no-par value stock at $50 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no-par value stock at $50. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity Required 1 Required 2 > To expand operations, Aragon Consulting issued 1,900 shares of previously unissued common stock with no-par value. Required 1. Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no-par value stock at $50. 2. Prepare the journal entry for the issuance of the no-par value stock at $50 Complete this question by entering your answers in the tabs below. Required 1Required 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 1,900 shares with no par value for a price of $50 per share. Note: Enter debits before credits General Journal Transaction DebitCredit Record entry Clear entry View general journal