Journal Date Page 1 Accounts and Explanation Post. Ref. Debit Credit 2016 Nov. 1 Cash Cash Common Stock Stockholder contribution 60,000 60,000 Account No. 101 Balance Date Item Post. Ref. Debit Credit Debit Credit 2016 Common Stock Account No. 301 Balance Date Item Post. Ref. Debit Credit Debit Credit 2016