Exercise 13-03 a-b During its first year of operations, Bridgeport Corporation had the following transactions pertaining to its common stock Jan. 10 Issued 66,500 shares for cash at $6 per share. July 1 Issued 39,500 shares for cash at $8 per share. Your answer is partially correct. Try again. Journalize the transactions, assuming that the common stock has a par value of $6 per share. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation Credit Cash Jan. 10 399000.00 399000.0 Common Stock July 1 Cash 316000.00 237000.00 Common Stock 79000.00 Paid-in Capital in Excess of Par-Common Stock39 Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit Date Account Titles and Explanation Debit Cash 332500.00 Jan. 10 66500.00 Common Stock X Share Premium-Ordinary 266000.00 July 1 Cash 197500.00 39500.00 Common Stock Share Premium-Ordinary 158000.00