Exercise 11-3 During its first year of operations, Foyle Corporation had the following transactions pertaining to its common stock Jan. 10 Issued 74,500 shares for cash at $5 per share. July 1 Issued 41,000 shares for cash at $10 per share. Journalize the transactions, assuming that the common stock has a par value of $5 per share. (Record Journalentries in the order presented in the problem. Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter for the amounts.) Date Account Tities and Explanation Debit Credit Jan. 10 July 1 Journalize the transactions, assuming that the common stock is ho-par with a sted les are automatically indented when amount is entered. Do not indent may of $1 per share (Reperd journal entries the order presented in the pr I mentry r e set No Entry for the accounts and ac o Date tect e Account Titles and Explanation h ) Debit Credit