On June 1, Splish Brothers Inc. issues 2,800 shares of no-par common stock at a cash price of $ 8 per share. Prepare a tabular summary to record the issuance of the shares. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities + Paid-in-Capital Cash + Common Stock + Reveni June 1 $ $ On June 1, Splish Brothers Inc. issues 2,800 shares of no-par common stock at a cash price of $ 8 per share. Prepare a tabular summary to record the issuance of the shares. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Revenue Expense Dividend Preferred stock Paid-in-capital in excess of common stock Dividends Interest expense Paid-in-capital in excess of preferred stock Common stock e Textbook and Media List of Accounts