Current Attempt in Progress On June 1, Sheridan Company issues 2,650 shares of no-par common stock at a cash price of $7 per share. Journalize the issuance of the shares assuming the stock has a stated value of $2 per share. (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 0 for the amounts.) Date Account Titles and Explanation Debit Credit June 1

Current Attempt in Progress On June 1, Sheridan Company issues 2,650 shares of no-par common stock at a cash price of $7 per share. Journalize the issuance of the shares assuming the stock has a stated value of $2 per share. (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 June 1 Debit Credit