Required information E5-13 (Algo) Inferring Stock Issuances and Cash Dividends from Changes in Stockholders' Equity LO5-3 [The following information applies to the questions displayed below.] Consolidated Edison, Incorporated (Con Edison), is a public utility company operating primarily in New York whose annual revenues exceed $12 billion. It reported the following December 31 simplified balances in its statement of stockholders' equity (dollars in millions): Current Year Prior Year Common stock Paid-in capital, Retained earnings $ 36 $34 7,854 6,897 10,800 10,468 During the current year, Con Edison reported net income of $1,313. E5-13 Part 2 2. Assume that the only other transaction that affected stockholders' equity during the current year was a single stock issuance for cash. Recreate the journal entry reflecting the stock issuance (in millions). Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). View transaction list Journal entry worksheet < 1 Record the entry for stock issuance. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal