E11.3 (LO 2), AP During its first year of operations, Mona Corporation had these transactions pertain - ing to its common stock. Jom Jan. 10 July 1 Issued 30,000 shares for cash at $5 per share. Issued 60,000 shares for cash at $7 per share. Instructions 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