On June 1, Teal Mountain Inc. issues 3,000 shares of no-par common stock at a cash price of $5 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 for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Paid-in-Capital Common Stock + Revenue Cash $ June 1 On June 1. Teal Mountain Inc. issues 3,000 shares of no-par common stock at a cash price of $5 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 Expense Dividend renue - $ Paid-in-capital in excess of common stock Common stock Dividends Interest expense Paid-in-capital in excess of preferred stock Preferred stock e Textbook and Media List of Accounts