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

Jan. 10		Issued 25,100 shares for cash at $5 per share.
July 1		Issued 50,500 shares for cash at $9 per share.

Prepare a tabular summary to record the transactions, assuming that the common stock has a par value of $5 per share.(If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

Assets = Liabilities + Stockholders Equity

Paid in Capital Retained Earnings

Cash = + Common Stock + PIC in Excess of Par Com. + Revenue - Expense - Dividend

_____ ________ ______________ ______________________ ________ _______ ________ January 10

_____ _________ ______________ ______________________ _________ ________ ________ July 1

Prepare a tabular summary to record the transactions, assuming that the common stock has a par value of $2 per share.(If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

Assets = Liabilities + Stockholders Equity

Paid in Capital Retained Earnings

Cash = + Common Stock + PIC in Excess of Par Com. + Revenue - Expense - Dividend

_____ ________ ______________ ______________________ ________ _______ ________ January 10

_____ _________ ______________ ______________________ _________ ________ ________ July 1