Master Issuing Common Stock for Assets or Services with free video lessons, step-by-step explanations, practice problems, examples, and FAQs. Upon issuance, common stock is recorded at par value with any amount received above that figure reported in an account such as capital in excess of par value.Common stock is recorded in the books at par. No matter what you sell it for, it's recorded at par. The acquired asset should usually be recorded at an amount equal to a. The book value of the noncash asset b. Answer to: Issuance of common stock for cash affects which basic element of financial statements? "Cash flow" refers to the cash coming in to and out of a company. It differs from the income and expenses as measured in a company's income. When a company issues common stock, it is selling ownership interests in the company to investors in exchange for capital.