Question 1 of 6 View Policies Current Attempt in Progress During its first year of operations, Grouper Corp. had these transactions pertaining to its common stock. Jan. 10 July 1 Issued 25,600 shares for cash at $4 per share. Issued 53,000 shares for cash at $8 per share. (a) Prepare a tabular summary to record the transactions, assuming that the common stock has a par value of $4 pe margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilit Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity it reduced.) Jan. 10 $ (b) July 1 Assets Cash eTextbook and Media Save for Later Liabilities Paid-in- Common Stock + Attempts: 0 of 3 used