During its first year of operations, Marigold Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,700 shares for cash at $5 per share. July Issued 53,500 shares for cash at $8 per share. (a) (b) No. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) 1 (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 $1 per share. Date Account Titles and Explanation Debit Credit

During its first year of operations, Marigold Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,700 shares for cash at $5 per share. July 1 Issued 53.500 shares for cash at $8 per share. (a) Journalize the transactions, assuming that the common stock has a par value of $5 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. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.)