As you saw in the video, stock can be issued for cash or for other assets. In this session, I explain issuing stock for cash and noncash consideration.Journal entry lines record the monetary amounts, statistical amounts, and the ChartField values associated with each transaction. A cash disbursements journal is where you record your cash (or check) paid-out transactions. The journal entry for issuing preferred stock is very similar to the one for common stock. A company issues common stock to raise money, so the debit will always be to cash. A company issues common stock to raise money, so the debit will always be to cash. View the latest issue.