Onnect Homework #1 Saved Question 10-Graded Connect Homework Help Required information [The following information applies to the questions displayed below.] Consolidated Edison, Incorporated (Con Edison), is a public utility company operating primarily in New York whose annual revenues exceed $12 billion. It reported the following December 31 simplified balances in its statement of stockholders' equity (dollars in millions): Current Year Prior Year Common stock Paid-in capital Retained earnings $ 38 $ 36 6,807 10,468 7,754 10,800 During the current year, Northwest Gas and Electric reported net income of $1,363. 2. Assume that the only other transaction that affected stockholders' equity during the current year was a single stock issuance for cash. Recreate the journal entry reflecting the stock issuance (in millions). Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). View transaction list Journal entry worksheet < Record the entry for stock issuance. < Prev 82 10 of 11 Next >