New Hampshire Corporation has two classes of stock common, $3 par value; and preferred, $20 par value. Requirements 1. Journalize New Hampshire's issuance of 1,000 shares of common stock for $14 per share 2. Joumaliza New Hampshire's issuance of 1,000 shares of preferred stock for a total of $20,000 Requirement 1. Journalize New Hampshire's issuance of 1,000 shares of common stock for $14 per share. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and explanations Debit Credit Requirement 2. Journalize New Hampshire's Issuance of 1,000 shares of preferred stock for a total of $20,000. (Record debits first, then credits Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit