Requirements 1. Journalize the transactions. Explanations are not required 2. How much paid-in capital did these transactions generate for Stan Systems? Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) May 19: Issued 2,000 shares of S2 par value common stock for cash of $12.00 per share. Credit More Info Date Accounts Debit May 19 Issued 2,000 shares of $2 par value common stock for cash of $12.00 pe May 19 share. Jun. 3 Isssued 500 shares of $9, no-par preferred stock for $25,000 cash. Jun. 3: issued 500 shares of $9, no-par preferred stock for $25,000 cash. 11 Received equipment with a market value of $73,000 in exchange for 11,000 shares of the $2 par value common stock. Date Accounts Debit Credit Jun. 3 Print Done Jun. 11: Received equipment with a market value of $73,000 in exchange for 11,000 shares of the $2 par value common stock