E10-24A (similar to) Captain Stores is authorized to issue 12,000 shares of common stock. During a two-month period, Captain completed these stock transactions: EB (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions Begin by journalize the transaction on April 23. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit 23 Apr Data Table Requirements Apr 23 Issued 2,500 shares of $1.50 par common stock for cash of $14.50 per share Received inventory with a market value of $14,000 and equipment with market value of $42,000 for 3,900 shares of the $1.50 par common stock. 1. Jourmalize the transactions 2. Prepare the stockholders' equity section of Captain's balance sheet for the June 12 transactions. The company's Retained Earnings account has a balance of $49,000 Print Done Print Done