During its first year of operations, Rosa Corporation had these transactions pertaining to its common stock. Jan. 10 Issued 27,650 shares for cash at $5 per share. July 1 Issued 50,380 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 $2 per share.