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Current Attempt in Progress During its first vear of operations, Flint Corporation had these transactions pertainiece to its common stock. Jah. 10 Issued 26.900 shares

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Current Attempt in Progress During its first vear of operations, Flint Corporation had these transactions pertainiece to its common stock. Jah. 10 Issued 26.900 shares for cashat 55 per share July 1 Issued 59,500 shares for cashat 57 per share. (a) Journalize the transactions, assumine that the commonstock has a par value of 55 per share. (b) Journalize the transactions. assuming that the common stock is no-par witha stated value of $1 per share. Record joumal entries in the order presented in the problem. Credit account titles are automatically inderited when amount is entered, Do not adent manually List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles ond enter 0 for the mounts.)

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