A journal entry dated January 3, 2019. In this post, we'll take a look at the journal entry for issuing shares at a premium and provide an example to help illustrate the concept.SUBCHAPTER A. GENERAL PROVISIONS. Sec. 21.002. DEFINITIONS. The following journal entry is recorded for the purchase of the treasury stock under the cost method. A company issues common stock to raise money, so the debit will always be to cash. Want to learn about issuing shares at a discount? Check out this post which includes accounting entries with examples! Most states either require or recommend that you keep a record of your notarizations. But what information goes in a journal entry? You are investing in a company and instead of getting free ice cream, you get to make money as its stock price increases.