Brief Exercise 8-13 On May 10, Flint Corporation issues 2,900 shares of $4 par value common stock for cash at $12 per share. Prepare a tabular summary to record the issuance of the stock. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities+ Stockholders' Equity Retained Earnings Paid-in-Capital PIC in Excess of Common Stock Par Value Com. Revenue Dividend Expense May 10 SHOW LIST OF ACCOUNTS