During its first year of operations, Bramble Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 27.400 shares for cash at $5 per share. July 1 Issued 62.000 shares for cash at $8 per share.. (a) (b) Journalize the transactions, assuming that the common stock has a par value of $5 per share. Journalize the transactions, assuming that the common stock is no par with a stated value of $2 per share. Date Account Titles and Explanation Debit Credit Jan. 10 137000 Common Stock 137000 July 1 Cash 496000 Common Stock 310000 Paid-in Capital in Excess of Par Value-Common Stock 186000 Jan. 10 Cash 496000 Common Stock 124000 Pald-in Capital in Excess of Par Value-Common Stock 372000 July 1 V