Graded Connect Homework #1 10 Part 2 of 2 9.09 oints look Saved Help Save & Exit Submit [The following information applies to the questions displayed below] Consolidated Edison, Incorporated (Con Edison), is a public utility company operating primarily in New York whose annual revenues exceed $12 billion. It reported the following December 31 simplified balances in its statement of stockholders' equity (dollars in millions): Common stock Paid-in capital Retained earnings Current Year Prior Year $41 $ 40 7,754 11,100 6,797 10,728 During the current year, Northwest Gas and Electric reported net income of $1,373 Check my work 2. Assume that the only other transaction that affected stockholders' equity during the current year was a single stock issuance for cash. Recreate the journal entry reflecting the stock issuance (in millions). Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (ie., 10,000,000 should be entered as 10). View transaction list < Prev 10 99 of 11 Next >