Current Attempt in Progress During its first year of operations, Ayayai Corp had these transactions pertaining to its cormon stock. Jach 10 Issued 25,000 shares for cash at 54 per share. July 1 fisued 50,000 shares for cash at $7 per share. (a) Jovrralize the transactions, assuming that the common stock tas a par value of $4 per share. (b) Jocirnalize the transactions, assuming that the commen stock is no par with astated value of 51 per share (Hecord journal entries in the order preitnted in the problem. Creali account titles are autoenatically indented when amount is enternid. indent munially If no entry is required, select "No Entry: for the account bitles and enter O for the amounts) Question 2 of 9 .12 No. Date Account Tities and Explanation Debit Credit (a) (b)