During its first year of operations, Sheffield Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 69,500 shares for cash at $5 per share. July 1 Issued 40,500 shares for cash at \$8 per share. Journalize the transactions, assuming that the common stock is no-par with a stated value of $2 per share. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)