Incentive Corporation was authonzed to issue 12.000 shares of common stock, each with a $1 par value Ouring its first year, the following selected transactions were completed a. issued 5,300 shares of common stock for cash at $23 per share b. Issued 1,300 shares of common stock for cash at $26 per share value: 1.00 points 2. Prepare the journal entry required for each of these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Record the issuance of 5,300 shares of common stock with a par value $1 for a price of $23 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit