Business, 25.11.2021 05:20, Cmpine

During its first year of operations, Ayayai Corp. had these transactions pertaining to its common stock. Jan. 10Issued 27,200 shares for cash at $6 per share.
July 1Issued 61,000 shares for cash at $9 per share.
a) Journalize the transactions, assuming that the common stock has a par value of $6 per share.
b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $3 per share.

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During its first year of operations, Ayayai Corp. had these transactions pertaining to its common st...