During its first year of operations, Blue Spruce Corporation had the following transactions pertaining to its common stock. Jan. 10 July 1 Issued 69,500 shares for cash at $7 per share. Issued 38,000 shares for cash at $10 per share. (a) Journalize the transactions, assuming that the common stock has a par value of $7 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.) Date Account Titles and Explanation Debit Credit