The following information applies to the questions displayed below Tarrant Corporation was organized this year to operate a financial consulting business. The charter authorized the following stock: common stock, par value $16 per share, 12,500 shares authorized. During the year, the following selected transactions were completed: a. Sold and issued 6,900 shares of common stock for cash at $32 per share. b. Sold and issued 2,100 shares of common stock for cash at $37 per share. c. At year-end, the accounts reflected income of $6,000. No dividends were declared. velue: Required information 1.50 points Required 1. Prepare the journal entries required to record the sale of common stock in (a) and (b). (If no entry is required for a transaction/event, select "No journal entry required" in the firs account field.) View transaction list Journal entry worksheet Sold 6,900 shares of common stock for cash at $32 per share Note: Enter debits before credits. Transaction General Journal Debit Credit a