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Question 1 Teal Mountain Inc. issues 9,500 shares of $104 par value preferred stock for cash at $116 per share. Journalize the issuance of the

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Question 1 Teal Mountain Inc. issues 9,500 shares of $104 par value preferred stock for cash at $116 per share. Journalize the issuance of the preferred stock. (Credit account titles are automatically indented when amo select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS

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