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

Jan. 10		Issued 26,200 shares for cash at $4 per share.
July 1		Issued 56,000 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.

No. Date Account Titles and Explanation Debit Credit July 1 (b) Jan. 104 July 1 2