On May 10, Pronghorn Corp. issues 2,200 shares of $5 par value common stock for cash at $14 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation May 10 Debit Credit

On May 10, Pronghorn Corp. issues 2,200 shares of $5 par value common stock for cash at $14 per share. Journalize, the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually, List all debit entries before credit entries. If no entry is required, select "No Entry' for the account titles and enter O for the amounts.)