Question: Brief Exercise 1 0 - 4 ( Algo ) Record issuance of common stock ( LO 1 0 - 2 ) Hip - Hop Architecture

 Brief Exercise 10-4(Algo) Record issuance of common stock (LO10-2) Hip-Hop Architecture

Brief Exercise 10-4(Algo) Record issuance of common stock (LO10-2)
Hip-Hop Architecture is a new chain of clothing stores. Hip-Hop issues 1,000 shares of its $1 par value common stock at $19 per share.
Record the issuance of the stock. How would the entry differ if Hip-Hop issued no-par value stock? (If no entry is required for a particular transaction/event, seledt "No Journal Entry Required" in the first account field.)
\table[[,No,Transaction,General Journal,Debit,Credit],[1,1,1,Cash,,],[,,Common Stock,,1,000],[,,Additional Paid-in Capital,,],[,,_,,],[1,2,2,Cash,,],[,,Common Stock,,]]
is a new chain of clothing stores. Hip-Hop issues 1,000 shares of

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