This video shows how to record a journal entry for a stock issuance. The journal entry for a stock issuance differs based on whether: -The stock issued is common stock or preferred stock -The stock issued is par or no-par stock -The stock is exchanged for cash or non-cash consideration -Stock issuance costs are netted against the proceeds against the stock issuance The video shows the journal entry for the stock issuance in each of these situations. 0:00 Introduction 0:20 Issuing no-par stock 0:43 Issuing stock with a par value 1:45 Issuing stock for noncash consideration 2:59 Issuing preferred stock 3:48 Accounting for stock issuance costs — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world. — SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, …
