Brief Exercise 11-3 Your answer is partially correct. Try again. On June 1, Skysong, Inc. issues 1,600 shares of no-par common stock at a cash price of $8 per share. Journalize the issuance of the shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit June 1 Cash Common Stock