Prepare the journal entry for the issuance when the market price of the common shares is $120 each and market price of the preferred is $160 each 5,125. Credit account titles are automatically indented when amount is entered. Do not indent manually. If ne entry is re Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $120 per share. (Credit account titi select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit Chapter 15 Quiz Stellar Corp. issues 630 shares of $2 par value common stock and 320 shares of $100 par value preferred stock for a lump sum of $118,800 Prepare the journal entry for the issuance when the market price of the common shares is $120 each and market price of the preferred is $160 each. (Round intermediate calculations to 6 decimal places, s. 1.284379 and final answers to O decimal places, e.g. 5,125. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $120 per share (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit