June Corp. issued 1,500 shares of common stock. Prepare the entry for the issuance if the stock had a stated value of $5 per share and was issued for a total of $48,000. General Journals Account Titles and Explanation Debit ($) Credit ($) Common Stock Raymond Corp. issued 1,400 shares of common stock. Prepare the entry for the issuance if the stock had a stated value of $5 per share and was issued for a total of $35,000 " List debit transactions first and then list credit transactions. General Journals Account Titles and Explanation Debit ($) Credit ($) Common Stock