CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN pRNRVERSON Exercise 8-12 (Part Level Submission) During its first year of operations, Blue Spruce Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 27,300 shares for cash at $4 per share. July 1 Issued 61,500 shares for cash at $7 per share. (a) Your answer is partially correct. Try again. r value of $4 per share. (If a transaction caus Prepare a tabular summary to record the transactions, assuming that the common stock has a ps Equity item that was reduced.) es or stockhoiders Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, = Liabilities Stockholders' Equity Paid-in-Capital + Common Stock+ PIC in Excess of Par Com. + Revenue Cash Expense - Dividend Jan. 10 109200 27300 81900 July 1 430500 61500 369000 rch ^E