Calfornia Corporation has two classes of stock common $4 par value, and preferred $15 par value Requirements 1. Journalize California's issuance of 1,000 shares of common stock for $12 per share 2. Journalize California's isstiance of 1,000 shares of preferred stock for a totat of $15,000 Requirement 1. Journalize Califomia's issuance of 1.000 shares of common stock for $12 per share. (Fecord debits litat, then credits. Solect the expit