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Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exc May 19: Issued 1,000 shares of $1 par value common

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Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exc May 19: Issued 1,000 shares of $1 par value common stock for cash of $11.50 per share. Date Accounts Debit Credit May 19 Cash Common Stock-$1 Par Value Paid-In Capital in Excess of Par-Common Jun. 3. Issued 200 shares of $2, no-par preferred stock for $10,000 cash. Date Accounts Debit Credit Jun 3 Choose from any list or enter any number in the input fields and then continue to the next

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