Upon issuance, common stock is generally recorded at its fair value, which is typically the amount of proceeds received. As you saw in the video, stock can be issued for cash or for other assets.A reporting entity should recognize treasury stock based on the amount paid to repurchase its shares. A journal entry must be recorded when a corporation issues stock. Request for Journal Entry. Reference: District Business Procedure 3.23. We recording stock issued from the company we the company will receive cash from investors.