Required information [The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $2 par value. During its first year, the following selected transactions were completed: a. Issued 6.600 shares of common stock for cash at $26 per share. b. Issued 2,600 shares of common stock for cash at $29 per share. .Prepare the journal entry required for each of these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Journal entry worksheet Record the issuance of 6,600 shares of common stock with a par value $2 for a price of $26 per share. Noter Ender debits betare credits Required information [The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $2 par value. During its first year, the following selected transactions were completed: a. Issued 6,600 shares of common stock for cash at $26 per share. b. Issued 2,600 shares of common stock for cash at $29 per share. .Prepare the journal entry required for each of these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 2,600 shares of common stock with a par value $2 for a price of $29 per share. Nore: Enter debits before credits