Part 1 of 3 Points: 0 of 11 Save Captain Stores is authorized to issue 19,000 shares of common stock. During a two-month period, Captain completed these stock transactions (Click the icon to view the transactions.) Read the equirements Data table Requirement 1. Journalize the transactions. Begin by journalize the transaction on July 23. (Record debits first, then credits. Exclude explanations from any jour July Journal Entry Accounts Sept 23 Issued 1,200 shares of $5.00 par common stock for cash of $16.50 per share 12 Received inventory with a market value of $15,000 and equipment with market value of $46,000 for 3,200 shares of the 55.00 par common stock Date Debit Credit July 23 Cash Common Stock 1,200 - Paid-in Capital in Excess of Par - Common Requirements 1. Journalize the transactions. 2. Prepare the stockholders' equity section of Captain's balance sheet for the transactions. The company's Retained Earnings account has a balance of $48,000 Help me solve this Calculator Get more help Print Done Check