Question: View Policies Current Attempt in Progress During its first year of operations, Indigo Corporation had these Jan. 10 July 1 Issued 27,000 shares for cash

View Policies Current Attempt in Progress During its first year of operations, Indigo Corporation had these Jan. 10 July 1 Issued 27,000 shares for cash at $4 per share. Issued 60,000 shares for cash at $9 per share (a) Journalize the transactions, assuming that the common stock has a par value of $4 per share. (b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do no indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit Credit No. Account Titles and Explanation Date (a) e Textbook and Media Save for Later

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