(Solved): Calico Corners Architecture is a new chain of clothing stores. Calico Corners issues 1,000 shares o ...

Calico Corners Architecture is a new chain of clothing stores. Calico Corners issues 1,000 shares of its $\$1$ par value common stock at $\$23$ per share. Record the issuance of the stock. How would the entry differ if Calico Corners issued no-par value stock? (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of $\$1$ par value common stock. Note: Enter debits before credits.