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On May 10 , a company issued for cash 1,900 shares of no-par common stock (with a stated value of $3 ) at $15, and

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On May 10 , a company issued for cash 1,900 shares of no-par common stock (with a stated value of $3 ) at $15, and on May 15 , it issued for cash 3,000 shares of $16 par referred stock at $59. ournalize 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 blank

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