As you saw in the video, stock can be issued for cash or for other assets. A journal entry must be recorded when a corporation issues stock.This video shows how to record a journal entry for a stock issuance. The journal entries are similar to those for issuing stock for cash. In this case, the value of either the stock or the asset must be known. This section demonstrates how to account for stock transactions. Stock issued for cash. Prudent budgeting allowed the county to increase its financial reserves in the wake of the last downturn which was relatively modest for the. The journal entry related to issuing stock for cash will include a debit to cash. Complete Final Forms and Prepare for Court.