Blatt, Inc. is incorporated on 01/01/2019. Blatt's articles of incorporation specify that the corporation's par value of common stock is $10 per share. When Blatt sold common stock to its initial shareholders on 01/01/2019, it did so for $50 per common share. 10,000 shares were sold in this initial offering. The correct journal entry for Blatt to make on 01/01/2019 is debit cash $500.000. credit common stock $500,000. debit common stock $100,000, debit paid-in capital $400,000, credit cash $500.000. debit casa 5500000 credit common stock S100.000, Credit paid in capitalin excess of bar $400.000 Rawl Company issues a 10-year, $4,000,000 bond on 01/01/2019 with a premium of $100,000. The coupon rate of the bond is 10%, and interest is to be paid to the bondholders semiannually on 06/30 and 12/31. The journal entry that Rawl should make on 12/31/2019 with regard to this bond is Debit cash $4,100.000. credit premium on bonds payable $100,000, credit bonds payable $4,000,000. Debit cash 55.000. debit interest expense $195.000 credit bonds payable $200.000. be $5000. oblt interest Debit remun Rough Rider Corporation owns $60,000 of the common stock of Pistola, Inc. This investment has been properly classified by Rough Rider as a trading security. The $60,000 ownership of Pistola stock should be classified as a current asset and any unrealized gain loss on the Pistola stock investment should be reported in the stockholders' equity section of Rough Rider's balance sheet should be classified as a current assets and any unrealized gain loss on the Pistols stock investment should be reported on Rough Rider's income statement le o should be classified as a current asset, and any unrealized gain/loss on the Pistola stock investment should be reported on Pistola's income statement for