Record the issuance of 3,100 shares of $20 par value common stock for $50,000 of inventory, $155,000 of machinery, and acceptance of a $100,000 note payable.

Dr Merchandise inventory 50,000

Dr Machinery 155,000

Dr Notes receivable 100,000

    Cr Common stock 62,000

    Cr Additional paid in capital in excess of par value 243,000

Explanation:

All outstanding stocks must be recorded at par value: 3,100 shares x $20 = $62,000. Any mount paid for the stocks in excess of par value must be recorded in the additional paid in capital in excess of par value account : $305,000 - $62,000 = $243,000

there are so many examples for that in different areas, like biology experiment carried out in our lab recently.

here's one link :