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.... mmnn stock (55 par value) C During its first year of operations, Roldan Corporation had the Jan. 10 issued 60,000 shares for cash at

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.... mmnn stock (55 par value) C During its first year of operations, Roldan Corporation had the Jan. 10 issued 60,000 shares for cash at $5 per share. July 1 issued 50.000 shares for cash at $8 per share o ns pertaining to its common Instructions a) Journalize the transactions, assuming that the common stock has a value of $5 per share points Date General Journal Account Title & Description Debit Credit (b) Journalize the transactions, assuming that the common stock is no par with a stated value of $2 per share. (3 point) Date General Journal Account Title & Description Ref. Debit Credit

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