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On May 10, a company iesued for cash 1,800 shares of no-par common stock (wish a stated value of $3 ) at 514, and on

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On May 10, a company iesued for cash 1,800 shares of no-par common stock (wish a stated value of $3 ) at 514, and on May 15. it issued for cash 2,000 thares of 516 par preferred stock at \$s8. Rocuifed: Journaize the entries for May 10 and 15. assuming that the common stock is to be credited with the stated walue. Aeler to the Chart of Accounts for exact wording of account titlos. Instructions General Journai Oir pa. JOURNAL \begin{tabular}{|l|} \hline 1 \\ \hline 2 \\ \hline 3 \\ \hline \end{tabular} oxit: OSSCREMON post. Ar. oceit ciecior 4. 5. 6

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