its generate for Sandy Systems? Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries May 19. Issued 1.600 shares of $1 par value common stock for cash of $13.00 per share DATA Accounts Debit Credit May 19 Jun 3: Iswed 340 shares of $7, no par preferred stock for $17.000 cash Date Accounts Jun Deba Credit This question: 1 points possible Sandy Systems completed the following stock issuance transactions: Click the icon to view the transactions) Requirements 1. Journalize the transactions Explanations are not required 2. How much paid in capital did these transactions generate for Sandy Systems? Jun 3. stued 340 shares of 57, no par preferred mock for $17.000 cash Date Accounts Jun. Debit Credit Jun 11: Received equipment with a market value of $68,000 in exchange for 5,000 shares of the $1 par value common stock Datu Accounts Debit Credit Jun 11 Requirement 2. How much paid-in capital did hete transactions generate for Sandy Systema? watery Total paid in capital on these ansactions amounts to The Rowing: 20.20