Not yet answered Points out of 3100 F Flag question Garner Corporation is authorized to issue 1,000,000 shares of $5 par value common stock. Journalize the following event: January 1 Paid the state $2,000 for incorporation fees IABIU x X Account Debit Credit Question 12 Not yet answered Points out of 3.00 Flag question Garner Corporation is authorized to issue 1,000,000 shares of $5 par value common stock. Journalize the following event: January 15 Issued 500,000 shares of stock at $7 per share