Question 5 Company X issues 30,000 shares of $10 par value common stock for $12 per share. What is the journal entry to record the issuance of the stock? A. Dr. Cash 360,000; Cr. Common Stock $10 par value 360,000 B. Dr. Common Stock 360,000; Cr. Cash 360,000; C. Dr. Common Stock $10 par value 300,000;Dr. Paid-In Capital in Excess of Par Value, Common 60,000 Cr. Cash 360000 D. Dr. Paid-In Capital in Excess of Stated Value, Common 360,000 Cr. Cash 360000 E.None of the above Question 6 5 points Save Answer Currently, Apple stock sells for $500 a share. Juan owns 100 shares of Apple stock Apple splits its stock 5 for 1. After the stock split, how many shares does Juan own and what is the market price per share after the stock split? A. 500 shares; $100 per share B. 1000 shares; $50 per share C. 500 shares; $50 per share D. 1,000 shares; $500 per share E. None of the above