No Service 6:56 PM 47% Chapter 11 Homework Problem 11-1A Flint Corporation was organized on January 1, 2017. It is authorized to issue 23,300 shares of 6%, $50 par value preferred stock and 469,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year Jan. 10 Issued 74,500 shares of common stock for cash at $6 per share. Mar 1 Issued 1,290 shares of preferred stock for cash at $56 per share. May 1 Issued 119,500 shares of common stock for cash at $8 per share. Sept. 1 Issued 5,900 shares of common stock for cash at $4 per share. Nox. 1 Issued 3,900 shares of preferred stock for cash at $58 per share. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Dae Account Titles and Explanation