Homework: Chapter 13 Comprehensive Problems Question 1, CPF13-53 (similar to) Part 1 of 8 HW Score: 46.48%, 11.62 of 25 points Point 11.62 of 25 Aher looking into debt financing through notes, mortgage, and bonds payable, Better Boat Company decides to raise additional capital for a planned business expansion. The company w nument business location Bebore the following transactions, the balance in Common Stock on January 1, 2027 was $1,300,000 and included 130,000 shares of common stock at Pa-Common) Better Boat Company had the flowing transactions in 2027 Click the icon to view the transact) Read the requirends Save outstanding (There Capital in Excess of Requirement 1. Joumalize the transactions (Record debits first, then credits Select the explanation on the last line of the journal entry table) Jan 1 ssund 30.000 shares of $10 par value common stock for a total of $450,000 Date Jan 1 Accounts and Explanation Deb Credit