Do It! Review 11-2a Flint Corporation began operations on April 1 by issuing 52,900 shares of $4 par value common stock for cash at $15 per share. In addition, Flint issued 3,000 shares of $1 par value preferred stock for $3 per share. Journalize the issuance of the common and preferred 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 for the amounts) Debit Credit Date Account Titles and Explanation April 1 (To record issuance of common shares) April 1 (To record issuance of common shares) April 1 (To record issuance of preferred shares) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Do It! Review 10-3a Pina Colada Corp. issues $360,000 of bonds for $378,000. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented manually.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS Show how the bonds would be reported on the balance sheet at the date of issuance. PINA COLADA CORP. Balance Sheet (Partial) To 5-6 6-7 (Part 18-5 8-3 Click if you would like to Show Work for this question: Open Show Work ction 20 ype here to search