During its first year of operations, Ayayai Corp. had these transactions pertaining to its common stock.

Jan. 10		Issued 25,000 shares for cash at $ 4 per share.
July 1		Issued 50,000 shares for cash at $ 7 per share.

(a)		Journalize the transactions, assuming that the common stock has a par value of $ 4 per share.
(b)		Journalize the transactions, assuming that the common stock is no-par with a stated value of $ 1 per share.

(Record journal entries in the order presented in the problem. 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.)

No.	Date	Account Titles and Explanation	Debit	Credit
(a)	choose a transaction datechoose a transaction date Jan. 10July 1	enter an account title to record the first transaction assuming option a	enter a debit amount	enter a credit amount
		enter an account title to record the first transaction assuming option a	enter a debit amount	enter a credit amount
	choose a transaction datechoose a transaction date Jan. 10July 1	enter an account title to record the second transaction assuming option a	enter a debit amount	enter a credit amount
		enter an account title to record the second transaction assuming option a	enter a debit amount	enter a credit amount
		enter an account title to record the second transaction assuming option a	enter a debit amount	enter a credit amount
(b)	choose a transaction datechoose a transaction date Jan. 10July 1	enter an account title to record the first transaction assuming option b	enter a debit amount	enter a credit amount
		enter an account title to record the first transaction assuming option b	enter a debit amount	enter a credit amount
		enter an account title to record the first transaction assuming option b	enter a debit amount	enter a credit amount
	choose a transaction datechoose a transaction date Jan. 10July 1	enter an account title to record the second transaction assuming option b	enter a debit amount	enter a credit amount
		enter an account title to record the second transaction assuming option b	enter a debit amount	enter a credit amount