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On May 10, a company issued for cash 1,100 shares of no por correon stock (with a stated value of $5) at $17, and on

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On May 10, a company issued for cash 1,100 shares of no por correon stock (with a stated value of $5) at $17, and on May 15, tissued for cash 1,000 shares of $18 par preferred stock at $61. Journalize the entries for May 10 and 15, assuming that the common stock is to be credited with the stated value. If an amount box does not require an entry leave it back May 10 May 15

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