Refer to M11-2. Assume the issued shares have no par value. Analyze the accounting equation effects and record the journal entry for the issuance of the no-par value shares at $75. Do the effects on total assets, total liabilities, and total shareholders' equity differ from those in M11-2?

Refer to M11-2,

To expand operations, Artagon Consulting issued 100,000 shares of previously unissued common shares with a par value of $1. The share price was $75 per share. Analyze the accounting equation effects and record the journal entry for the share issuance. Would your answer be different if the par value was $2 per share? If so, analyze the accounting equation effects and record the journal entry for the share issuance with a par value of $2.