ALCULAFOR PRENTER Exercise 11-1 During its first year of operations, Blue Spruce Corp. hd these transactions pertaining to its common Jan. 10 Issued 27,300 shares for cash at $4 per share. July 1 Issued 61,500 shares for cash at $7 per share. (a) (b) Journalize the transactions, assuming that the common stock has a par value of $4 per share. Journalize the transactions, assuming that the common stock is no-par with a stated value of $3 per share. cRecord journal entries in the order poretsiented in thetares so eont titis srng automlly ideteeam Debit Credit Date Account Titles and Explanation No