"(ACRC Website El Yahoo Mail eBay ok CALCULATOR FULL SCREEN PRINTER VERSION -BAC- Exercise 11-1 During its first year of operations, Jan. 10 Issued 30,000 shares for cash at $5 per share. During its frst year of operaions, Mona Corporation had these transactions pe rtaiming to its common stock. July 1 Issued 60,000 shares for cash at $7 per share. (a) Jourmalize the transactions, assuming that the common stock has a par value of s5 per share. (b) Jounalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share. ries in the order presented in the problem. Credit account titles are automatically indented when amount is titles and enter O for the amounts.) Do not indent manually. If no entry is required, select "No Entry for the account No. Date Account Titles and Explanation Debit Credit